• Login
    • Registration
    • Empty
      There are no items in your cart.
    30
    September, 2023
    Saturday
    Language: English Greek
    • Home
    • Tax Portal
      • Tax Articles
        • New Tax Legislation in Cyprus
        • Cyprus Double Tax Treaty Developments
        • Transparency and Exchange of Information
        • Base Erosion and Profit Sharing Shifting (BEPS)
        • Russian Tax Developments
        • EU and Other International Tax News
      • Tax Laws
        • Income Tax Law
        • Defence Tax Law
        • Immovable Property Tax Law
        • Capital Gains Tax Law
        • Assessment And Collection Of Taxes Law
        • Stamp Duty Law
      • Double Tax Treaties
        • Agreements
        • Summary
      • EU Directives
        • The Parent/Subsidiary Directive
        • The Merger Directive
        • The Interest And Royalties Directive
      • Resources
        • Circulars
        • Tax Returns And Forms
        • Regulations
        • Tax Calendar
        • Article Archive
      • Publications
        • Cyprus in International Tax Planning
      • Ask your question
    • Seminars
      • Past Seminars
    • About Redimus
    • Subscriptions
    • Contact Us
    Cyprus Local Time: 01:42
      • British Virgin Islands, Costa Rica, Marshall Islands and Russia Added to EU List of Non-Cooperative Jurisdictions For Tax Purposes

        The EU continues to promote fair tax competition and address harmful tax practices. The Council today decided to add British Virgin Islands, Costa Rica, Marshall Islands and Russia to the EU list of non-cooperative jurisdictions for tax purposes.

      • The European Union Has Adopted a Plan For a Global Minimum 15% Tax on Big Business

        On 15 December 2022, the EU Council reached unanimous agreement to implement the EU Minimum Tax Directive.

      • Significant Changes In The Cypriot Tax Legislation Regarding Granting Of Exemption On Employment Income Earned By Persons Who Were Not Previously Tax Residents Of Cyprus

        On 14 July 2022, the House of Representatives passed amendments to sections 8 (21) and 8 (23) of the Income Tax Law (“the Law”), that provide for a 20% or 50% exemption from employment income for individuals who take up first employment in Cyprus.

      • Changes In The Cypriot Tax Legislation For Investments In Small Or Medium Innovative Businesses

        On 14 July 2022, the House of Representatives passed amendments to section 9A of the Income Tax Law (“the Law”), that provides for a deduction from income tax for persons that invest in a small or medium innovative businesses, as defined in the relevant legislation.

      • Changes In The Cypriot Tax Legislation On Granting Allowances For Expenditure On Scientific Research And For Research And Development

        On 7 July 2022 the Cypriot House of Representatives amended the provisions of the income tax laws for granting allowances on any expenditure incurred for scientific research and on expenditure for research and development.

      • Introduction of Legislation on Transfer Pricing Documentation Requirements in Cyprus

        On 30 June 2022 the Cypriot House of Representatives approved legislation for the introduction of requirements for transfer pricing documentation in Cyprus for “controlled transactions” between connected persons.

      • Amendment to the Special Defence Contribution Law of Cyprus on Interest Received

        The law has been amended so that now both individuals and companies can benefit from the reduced rate of 3% on interest income received.

      • Introduction of Transfer Pricing Documentation Requirements in Cyprus – Current Status

        On 18 June 2021 the Cypriot Ministry of Finance has sent to the House of Representatives bills for the introduction of requirements for transfer pricing documentation in Cyprus.

      Tax Articles

      British Virgin Islands, Costa Rica, Marshall Islands and Russia Added to EU List of Non-Cooperative Jurisdictions For Tax Purposes

      15 Feb, 2023456

      The European Union Has Adopted a Plan For a Global Minimum 15% Tax on Big Business

      17 Dec, 2022542

      Significant Changes In The Cypriot Tax Legislation Regarding Granting Of Exemption On Employment Income Earned By Persons Who Were Not Previously Tax Residents Of Cyprus

      14 Jul, 20221482

      Changes In The Cypriot Tax Legislation For Investments In Small Or Medium Innovative Businesses

      14 Jul, 2022947

      Changes In The Cypriot Tax Legislation On Granting Allowances For Expenditure On Scientific Research And For Research And Development

      07 Jul, 2022997

      Introduction of Legislation on Transfer Pricing Documentation Requirements in Cyprus

      30 Jun, 20221056

      Amendment to the Special Defence Contribution Law of Cyprus on Interest Received

      26 May, 20221010

      Introduction of Transfer Pricing Documentation Requirements in Cyprus – Current Status

      10 May, 20221097
      All Tax Articles

      Latest News

      British Virgin Islands, Costa Rica, Marshall Islands and Russia Added to EU List of Non-Cooperative Jurisdictions For Tax Purposes

      45615 Feb, 2023

      The European Union Has Adopted a Plan For a Global Minimum 15% Tax on Big Business

      54217 Dec, 2022

      Significant Changes In The Cypriot Tax Legislation Regarding Granting Of Exemption On Employment Income Earned By Persons Who Were Not Previously Tax Residents Of Cyprus

      148214 Jul, 2022

      Company News

      Announcement of Structured Seminars on GDPR, AML, IFRS Topics and Audit Quality Issues

      424825 Feb, 2020

      Portal Updated for Changes in Cyprus Tax Laws

      788313 Jan, 2016

      Redimus App Now Available!

      729510 Dec, 2015

      Article Archive Section Added

      834515 Sep, 2015

      Stamp Duty Law Added to the Portal

      875611 Aug, 2015

      Newsletter

      REDIMUS

      • Home
      • Tax Portal
      • Seminars
      • About Redimus
      • Contact Us

      TAX PORTAL

      • Tax Articles
      • Tax Law
      • Double Tax Treaties
      • EU Directives
      • Resources
      • Ask Your Question

      MEMBERS

      • Registration
      • Terms and Conditions
      • Privacy Statement
      • Contact Us
      © 2023 Redimus
      Designed & Developed