Update on the New Transfer Pricing Framework
In relation to our previous newsletters on the New Transfer Pricing Documentation requirements (dated August 2022, which can be found here) and the Termination of Intra-Group Financing Transactions Circular (dated
Maximizing Tax Efficiency for Small Businesses in Cyprus
As a small business owner in Cyprus, taxes are a necessary part of your operations. However, paying more than necessary can hinder your business’s growth and profitability. Maximizing tax efficiency
Termination of Intra-Group Financing Transactions Circular
As per the enclosed Circular 1/2023 issued by the Cyprus Tax Department on 05 January 2023, Interpretative Circular 3 dated 30 June 2017 which captured Intra-Group Financing Transactions should be
Global Minimum Tax – Latest Updates
Cyprus welcomes the G20 Agreement • In October 2021 the G20 reached to an agreement to create fair and healthy competition at global level and to safeguard the tax bases