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Cyprus News




Switzerland Begins Sharing Tax Data Internationally

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 12, 2018

Switzerland has made its first exchanges under the new international automatic exchange of information framework, the Common Reporting Standard. Read Full Story

 


Cyprus Issues New CbC Filing Notification

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 28, 2018

The Cyprus Tax Department has released a notice on the obligation on Cypriot constituent entities of multinational groups to file a CbC report in Cyprus where the ultimate parent entity files in a territory without an exchange of information arrangement with Cyprus. Read Full Story

 


New Cypriot E-Payment Obligation From June 2018

by Amanda Banks, Tax-News.com, London

Thursday, May 3, 2018

Cyprus's Department of Taxation said recently that it will accept only electronic payment for the main tax heads from June 1, 2018. Read Full Story

 


Advance Pricing Agreements 'At Record High' In EU

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 19, 2018

The number of advance pricing agreements between EU member states and companies rose by 64 percent from 2015 to 2016, according to research by Eurodad. Read Full Story

 


EU Challenges Yacht VAT Avoidance In Three States

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 8, 2018

The European Commission has sent letters of formal notice to Cyprus, Greece, and Malta for not levying the correct amount of value-added tax on yachts. Read Full Story

 


Cyprus, Saudi Arabia Negotiate Double Tax Agreement

by Jason Gorringe, Tax-News.com, London

Thursday, January 4, 2018

Cyprus's Ministry of Finance says the island has signed a double tax agreement with Saudi Arabia with respect to taxes on income and for the prevention of tax evasion. Read Full Story

 


EU Reports On States' Tax Reforms In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, December 27, 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year. Read Full Story

 


Cyprus Extends Deadline For CbC Reporting Entity Notification

by Jason Gorringe, Tax-News.com, London

Thursday, December 14, 2017

The Cypriot tax authority has extended until January 15, 2018, the deadline for multinational corporations to submit their notifications concerning country-by-country reporting for 2017. The deadline had been December 31. Read Full Story

 


EU Commission Warns Of Tax Scam Letters

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 12, 2017

The European Commission has warned taxpayers in Europe of letters being sent by fraudsters bearing its name and demanding the payment of tax not due. Read Full Story

 


Cyprus Should Reinstate Immovable Property Tax: IMF

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 9, 2017

Cyprus should consider reinstating the immovably property tax to boost revenues, the International Monetary Fund has said. Read Full Story

 

 

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