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

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

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

On 7 July 2022 the Cypriot House of Representatives amended the provisions of the income tax laws for granting allowances on any expenditure incurre

On 30 June 2022 the Cypriot House of Representatives approved legislation for the introduction of requirements for transfer pricing documentation in

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

On 18 June 2021 the Cypriot Ministry of Finance has sent to the House of Representatives bills for the introduction of requirements for transfer pri

Extension granted for the filing of the 2020 tax returns in Cyprus by companies and self-employed individuals who prepare audited financial statemen