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GDPR Flash News: Severe personal data breach concerning millions of hotel guests due to a failure in a hotel reservation system
This Flash News discusses the findings of the company Website Planet according to which personal data of millions of hotel guests were exposed due to a hotel booking company leak resulting in a serious data breach
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GDPR Flash News: ICO fines Marriott International for failing to protect its customers’ data
This Flash News comments on the decision of the Information Commissioner’s Office (ICO) imposing a fine of £18.4million on Marriott International Inc. for failure to implement appropriate technical and organizational measures…
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Posted in News, News for Cyprus
Cyprus to impose withholding tax on EU blacklisted countries
Cyprus is setting up to impose Withholding Tax (WHT) on 12 countries that have been identified by the European Union as non-cooperative jurisdictions on tax matters.
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European Corporate Legal Insights: Applicable Law to Distribution Agreements in the different European countries
With the advance of new technologies, the market for products and services increasingly transcends borders. International trade is a must not only for large companies, but also for businesses of all sizes seeking access to a wider
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Posted in News, News for Cyprus
Cyprus Tax News: Repayment of suspended VAT in instalments
A new VAT law amendment has been published where it allows payment in 6 monthly instalments of the suspended VAT due for the periods ending 28/02, 31/03 and 30/04 2020.
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GDPR Flash News: ICO imposing a heavy fine of £20m on British Airways for data breach
This Flash News discusses the decision of the Information Commissioner’s Office (ICO) imposing a fine of £20m on British Airways (BA) for data breach as a result of a cyber-attack and subsequent access…
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Posted in EMPLOYMENT PRACTICE, News, News for Cyprus, News for Greece
European Guide to Support Employers: Teleworking in Europe
The global spread of Covid-19 is forcing employers worldwide to introduce teleworking. In Europe there are no uniform regulations for the introduction of telework, except for the voluntary European framework
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Posted in News, News for Cyprus
Cyprus Tax News: Personal tax reports deadline extension
The submission of the 2019 personal income tax returns and payment of 2019 personal tax has been further extended from 30 October to 30 November 2020.
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Posted in News, News for Cyprus
Cyprus Tax News: Assessment and Collection of Taxes Law amended
To improve tax compliance, strengthen tax collection and provide additional enhanced powers to the Commissioner of Taxation, Cyprus recently amended its Assessment and Collection of Taxes Law.
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Posted in News, News for Cyprus
DAC6 Filing Deadlines: Cyprus opts for 6-month deferral
The new Council Directive (EU) 2020/876 was published in the Official Journal of the European Union on the 26th June 2020 (the “new Directive”) and entered into force the day after of the publication.
