Tax Alert concerning Deemed Dividend Distributions for the profits of tax year 2018
Cyprus tax resident companies are deemed to have distributed at least 70% of their 2018 DDD-adjusted profits, by 31 December 2020 and settle relevant SDC and/or GHS (if any) by
OECD – Multi-Lateral Instrument
Please find here the link to the relevant page within the official OECD website, giving details in relation to the operation of the Multilateral Instrument.
Ministry of Finance
Please find here the link to the relevant page within the official Cyprus Ministry of Finance website, showing the full and up to date list of double tax treaties concluded
Civil Registry and Migration Department
Please find here the link to the official Civil Registry and Migration Department website, where you may find useful information, forms, migration and residency laws, circulars and many more. If
Cyprus Tax Department
Please find here the link to the official Cyprus Tax Department website, where you may find a plethora of information, forms, tax laws, circulars and many more. If you require
IFRS
Please find here the link to the official IFRS page, for any financial reporting queries you may have. If you require any further explanations, then please do not hesitate to
60-Days Rule Circular
Cyprus remains one of the most favorable jurisdictions within the EU for both its corporate and personal tax incentives. However, in order to be able to benefit from these incentives,
TP Circular (CTD)
The introduction of Transfer Pricing legislation in Cyprus is steadily being transposed into the local legislation, with the first circular covering intragroup financing arrangements having been released in 2017. Please
BIKs (CTD)
In an effort to provide additional guidance on the taxation of Benefits in Kind provided by Cyprus companies to their employees, the Cyprus Tax Department has issued an extensive and