Tax

PAYROLL ALERT Wages: Accepted methods for payment The Protection of Wages Law of 2007 (the “Law”), as amended in 2022, specifies the permissible methods for payment of wages, which

Deemed dividend distribution due end of 2023 Cyprus tax resident companies must declare at least 70% of their 2021 accounting profits by 31 December 2023 and pay the

CYPRUS TAX SYSTEM 2022Read our article about Cyprus as an international business center, where we outline the major advantages of using Cyprus as an International Business, such as:Corporate tax rate

Beneficial Owner Register  1) The Legal Framework  On 20 May 2015, the European Council issued Directive (EU) 2015/849 (the "4th Anti-Money Laundering Directive"). The 4th Anti-Money Laundering Directive

TAX INFORMATION 1/2021 Directive on Administrative Cooperation 6 (DAC6) DAC6 refers to the mandatory automatic exchange of information on potentially aggressive tax planning, cross border arrangements. It is

TAX INFORMATION 3/2016 Immovable Property Tax On 14 July 2016, the House of Representatives voted changes to the Immovable Property Tax Law. According to the changes the immovable property

The information contained in this booklet is accurate as at the date of its publication. It is based on information available at that time and is designed to answer

The information contained in this booklet is accurate as at the date of its publication. It is based on information available at that time and is designed to answer

BRIEF INFORMATION ABOUT TRANSFER PRICING (TP) A) OECD Transfer Pricing guidelines for intra-group transactions 1. Transfer pricing and arm’s length transactions Transfer prices are the prices at which an