The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 14 February 2023, adding Russia, the British Virgin Islands (BVI), Costa Rica and the Marshall Islands.
The Cyprus Tax Department issued a series of Frequently Asked Questions (FAQs) on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from 1 January 2022.
Through a circular issued on 5 January 2023, the Cyprus Tax Authorities announced that the provisions of circulars issued in the past about the so called “back-to-back” financing arrangements...
With an announcement on 3 January 2023, the Registrar clarified that obliged entities must submit a Solemn Declaration along with their application for provision of UBO information...
The Cyprus Registrar of Companies through an announcement issued on 9 December 2022, clarified that what should be declared is the latest available information about a beneficial owner of an investment fund.
The Cyprus Registrar of Companies announced on 28 November 2022 that access to the UBO Register for the general public is suspended with effect from 23 November 2022.
On 22 November 2022, the European Court of Justice (ECJ) effectively ruled that public access to the registers of beneficial owners (UBO Registers) held by EU member states...
Through an announcement issued on 13 October 2022 the Cyprus Tax Department clarified that the bilateral Competent Authority Arrangement for the exchange of...
