Posts Tagged ‘Tax’

Cyprus and Croatia Sign a Double Tax Treaty

On 17 October 2023 Cyprus and Croatia signed a Double Tax Treaty (DTT). The treaty was published in the Official Gazette of the Republic of Cyprus on 27 October 2023.

EU Revises List of Non-Cooperative Jurisdictions for Tax Purposes

The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 17 October 2023, adding Seychelles, Belize and Antigua and Barbuda.

Correction of VAT Returns

The Cyprus Tax Department announced on 21 September 2023 that VAT returns can be corrected via the Tax For All Portal.

Extension of Temporary Application of Zero VAT Rate for Essential Items

On 13 September 2023 the Council of Ministers of the Republic of Cyprus approved the extension of the application of the zero rate of VAT on selected food and socially essential products.

Further Extension of Deadline for Submission of Personal Income Tax Return for 2022

The Cyprus Tax Department announced on 25 September 2023, that the deadline for submission of the Income Tax Return for employees, pensioners and...

Transfer Pricing - Assessment Method for Financing Transactions

Through a circular issued on 7 July 2023, the Cyprus Tax Department (TD) clarified the method it considers as the most appropriate for determining the arm’s length pricing for financing transactions, including those of a “back-to-back” nature.

Transfer Pricing Circular for Transactions Under the Local File Threshold

The Cyprus Tax Department issued a circular for transactions falling below the threshold for the preparation of a Local File.

Change in Deadline for Payment of SCD on Rental Income

The amendment relates to the deadline for payment of Special Contribution for Defense on rental income, in cases this is withheld at source. The tax should be paid...

View all news
<< 1 >> of 23