Tax Alert concerning Deemed Dividend Distributions for the profits of tax year 2018

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Tax Alert concerning Deemed Dividend Distributions for the profits of tax year 2018
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Tax Alert concerning Deemed Dividend Distributions for the profits of tax year 2018

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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 31 January 2021.

Please click on the pdf. file below for our overview of Deemed Dividend Distributions for the profits of tax year 2018