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Posts Tagged ‘Cyprus’

Deemed Dividend Distribution for 2024

31 December 2024 is the cut off date for assessing whether there a Deemed Dividend Distribution will need to be considered for Special Contribution for Defence purposes.

Exemption from Submission of Personal Income Tax Return for 2024

Through a decree by the Council of Ministers of the Republic published in the Official Gazette of the Republic of Cyprus on 15 November 2024...

Re-introduction of Temporary Application of Zero VAT Rate for Essential Items

The Tax Department announced on 31 October 2024, that the application of the zero rate of VAT on selected food and socially essential products will be re-introduced for...

Upgraded Tax For All Portal Becomes Available

With an announcement dated 25 September 2024, the Cyprus Tax Department informed the public that the upgraded Tax For All Portal has become available to the public.

Electronic Filing of Objections in Relation to VAT Postponed

With an announcement dated 30 August 2024, the Cyprus Tax Department informed the public that the scheduled transition to electronic filing of VAT objections as from 3 September 2024 is postponed.

Filing of Objections in Relation to VAT

With an announcement dated 26 August 2024, the Cyprus Tax Department informed the public that as from 3 September 2024 the filing of objections related to VAT...

Cyprus - Tax Treatment of Non-Refundable Capital Contributions

Through Interpretative Circular 25, released on 3 September 2018, the Cyprus Tax Department clarifies the tax treatment of non-refundable capital contributions... 

Cyprus Parliament Approves EU Blue Card Legislation

On 11 July 2024, the Cyprus Parliament approved the draft legislation for the implementation of the EU Blue Card Scheme. The EU Blue Card offers a significant opportunity for...

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