Introduction of Legislation on Transfer Pricing Documentation Requirements in CyprusOn 30 June 2022 the Cypriot House of Representatives approved legislation for the introduction of requirements for transfer pricing documentation in... Tax Articles30 Jun, 2022119
Amendment to the Special Defence Contribution Law of Cyprus on Interest ReceivedThe law has been amended so that now both individuals and companies can benefit from the reduced rate of 3% on interest income received.Tax Articles26 May, 2022139
Introduction of Transfer Pricing Documentation Requirements in Cyprus – Current StatusOn 18 June 2021 the Cypriot Ministry of Finance has sent to the House of Representatives bills for the introduction of requirements for transfer pri... Tax Articles10 May, 2022204
Extension Granted for the Filing of the 2020 Tax ReturnsExtension granted for the filing of the 2020 tax returns in Cyprus by companies and self-employed individuals who prepare audited financial statemen... Tax Articles24 Mar, 2022243
Deduction for the Cost of Investment in Innovative Small and Medium-sized Enterprises Incurred by an InvividualOn 10 March 2022, the House of Representatives extended the validity of the law for another three years to 31 June 2024.Tax Articles11 Mar, 2022280
EU Council Reviews List of Non-Cooperative Countries for Tax PurposesPress release 24 February 2022.Tax Articles26 Feb, 2022253
OECD Invites Public Input on the Draft Rules for Nexus and Revenue SourcingOECD invites public input on the draft rules for nexus and revenue sourcing under Pillar One Amount A.Tax Articles11 Feb, 2022272
EU Ecofin Meeting Held on 18 January 2022 Addresses the Matter of Corporate TaxationThe EU Ministers of Finance held a policy debate on the proposed Council directive on ensuring a global minimum level of taxation for multinational ... Tax Articles02 Feb, 2022278
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