EU Council Agrees to Defer Tax Reporting Deadlines Under CRS and DAC 6The Council of the European Union on 24 June 2020 announced that the EU will give Member States the option of more time to comply with certain rules... EU AND OTHER INTERNATIONAL TAX NEWS26 Jun, 20202270
Cyprus adopts the provisions of the Exit Taxation and Hybrid Mismatches of the EU Anti-Tax Avoidance DirectiveOn 19 June 2020, the House of Representatives approved the implementation of the remaining two requirements of the EU Anti – Tax Avoidance Directive... NEW TAX LEGISLATION IN CYPRUS25 Jun, 20202412
Amendments to the Notional Interest Deduction (NID) rules in CyprusThe main amendments of the legislation are summarized.NEW TAX LEGISLATION IN CYPRUS11 Jun, 20202403
Russia Has Notified The OECD that Multilateral Convention (MLI) Will Enter Into Effect As From 1 January 2021On 30 April 2020, Russia notified the OECD that it had completed its national procedures for implementing the MLI for 27 double tax treaties. The ML... RUSSIAN TAX DEVELOPMENTS25 May, 20202340
The Court of Justice of the European Union (CJEU) Issued its Decision on Use of Losses Incurred in Another Member StateIn February 2020, the CJEU rendered its decision in the case of AURES Holdings a.s. v Odvolací finanční ředitelství of the Czech Republic. ... EU AND OTHER INTERNATIONAL TAX NEWS25 May, 20202142
OECD MULTILATERAL INSTRUMENT (“MLI”) - Current Status on ImplementationCurrent Status on ImplementationBASE EROSION AND PROFIT SHIFTING (BEPS)22 May, 20202234
EU COUNCIL RECOMMENDATION on the 2020 National Reform Programme of CyprusThe EU Commission proposes country specific recommendations for all member states on various matters.EU AND OTHER INTERNATIONAL TAX NEWS22 May, 20202229
Communiqué: Realizing Opportunities of the 21st Century for AllExtracts from the Communique on tax related issues.BASE EROSION AND PROFIT SHIFTING (BEPS)26 Feb, 20204626