Extension to the imposition of administrative fines for overdue submission of DAC6 information
On 26 February 2021, the Cypriot Tax Department (CTD) announced that no imposition of administrative fines for overdue submission of information will apply until 30 June 2021. The relevant announcement
Extension of DAC6 reporting deadlines
As per an announcement of the Cyprus Tax Department dated 03 February 2021, DAC6 is expected to be enacted into the legislation within this month. Furthermore, the said announcement extends
DAC6 – upcoming Deadlines
Upcoming deadlines to communicate to the Cyprus Tax Authorities reportable Cross Border Arrangements (CBA) of Cypriot entities under DAC6 and our overview.
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