by Christos Stylianou | Jul 28, 2022 | Income Tax, Tax
The Tax Department of Cyprus announces that in accordance with the decision of the Members of Parliament, which will be published shortly, the deadline for the submission of the tax declaration for Physical Persons (Employee, Pensioner and Self Employed without...
by Demetris Nicolaides | Dec 28, 2021 | Business, Economy, Europe, Income Tax, Tax, World News
The European Commission has published on 22 December 2021 the legislative proposal for a Directive laying down rules to prevent the misuse of shell entities for tax purposes. The Unshell proposal (commonly referred to as ATAD III) is part of the Communication on...
by Demetris Nicolaides | Oct 18, 2021 | Business, Economy, Income Tax, Social Insurance, Tax
On 15 October 2021, the Minister of Finance has presented a new integrated strategy for attracting new businesses to Cyprus and encouraging their operations in Cyprus (the “Strategy”) aimed at making Cyprus a Sustainable Business and Commercial Center in the region...
by Demetris Nicolaides | Aug 19, 2021 | Europe, Tax
On 18 May 2021 the EU Commission published the Communication on Business Taxation for the 21st Century (the “Communication”), a 15 page document addressed to the European Parliament and the EU Council setting out the agenda of the EU Commission on tax...
by Demetris Nicolaides | Aug 19, 2021 | Business, Economy, Europe, Income Tax, Tax
The effects of the COVID-19 have been unprecedented and substantial to businesses across the world with many businesses racking in heavy losses and struggling for survival while many have already closed down permanently. At the EU level, the Commission has taken a...
