Through an announcement dated 25 October 2024, the Cyprus Tax Department notified that the Council of Ministers of the Republic of Cyprus decided for the extension of the deadline for the submission of the Corporation Tax Return as follows:
The extension is available only for taxpayers with an obligation to submit a Summary Information Table (SIT) in accordance with the provisions of the Income Tax Law in relation to Transfer Pricing obligations. The deadline for the submission of the SIT is also extended to be in line with the submission deadline for the Corporation Tax Return of the respective year.
It is reminded that the deadline for submission of the Corporation Tax Return for 2022, where there is an obligation to submit a SIT, was initially extended from 31 March 2024 to 30 November 2024.
