On 18 February 2021, the House of Representatives (Parliament) voted for The Prevention and Suppression of Money Laundering and Terrorist Financing (Amending) Law of 2021
The Tax Department of the Republic of Cyprus has announced that DAC6 (which is the Council Directive (EU) 2018/822 of 25 May 2018 amending Directive 2011/16/EU
During 2004 and after Cyprus has joined the EU, online gambling service providers licensed in other EU member states have exploited the legal ambiguity and flaws that existed in Cyprus
Cyprus’ full EU membership, strategic location, warm climate, highly qualified professionals and list of personal tax incentives has made Cyprus an ideal setting for foreign nationals to relocate to.
The Cyprus Tax Department informs that the reporting deadline for submission of Country by Country Reporting for the year 2019 and the notifications for the year 2020 is as follows: For CbC reporting the deadline is the 31st of January 2021 rather than 31st of December 2020; For local CbC reporting due to the secondary [...]
Cyprus and Russia entered into a Double tax Treaty (DTT) back in 1998 in a joint effort to avoid the double taxing of income and capital generated in Cyprus
On 8 September 2020, Cyprus and Russia signed a protocol amending the double taxation treaty following the conclusion of negotiations in August.
Το Τμήμα Φορολογίας, με ανακοίνωση του, πληροφορεί όλα τα νομικά πρόσωπα και τους αντιπροσώπους τους ότι η διμερής Συμφωνία Αρμόδιας Αρχής
The Cyprus Tax Department has announced to all legal entities and their representatives that the bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country
Cyprus is seen as one of the most attractive shipping hubs in the world. A number of ship management companies operating in Cyprus are considered amongst the largest of their type