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Posted in News, News for Cyprus
Covid – 19: Cyprus’ legislative enactments
On the 27 March 2020 and 29 March 2020 respectively, the House of Representatives approved a bundle of bills for boosting of the economy in an attempt to endure the fallout from the pandemic crisis.
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Posted in News, News for Cyprus
Cyprus: Registrar of Companies Announcement
In the context of the measures taken by the government to support companies / businesses affected by the restrictive measures imposed to limit the spread of coronavirus, the Department of Registrar of Companies announces…
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Coronavirus and personal data: Guidance issued by data protection authorities
This Flash News is about the guidance issued by several national data protection authorities in Europe addressing data protection issues related among others to employment in the context of containing the spread of COVID-19
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Posted in News, News for Cyprus, News for Greece
Cyprus Tax News: European Union Black List Update
The European Union has added the Cayman Islands, Panama, the Seychelles as well as Palau to its blacklist of ‘non-cooperative jurisdictions for tax purposes’.
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Posted in News, News for Cyprus
Cyprus Tax News: Refunds on GHS
The Health Insurance Organization (HIO) has issued instructions regarding the refund process for contributions paid in excess of the maximum amount on which contributions were due.
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Posted in News, News for Cyprus
Cyprus Tax News: Multilateral Instrument ratified
The Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Matters to Prevent Base Erosion and Profit Shifting (more widely known as the Multilateral Instrument) was published on 22 January 2020…
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Posted in News, News for Cyprus
Cyprus Tax News: Relief on interest and penalties
The Cyprus House of Representatives has passed a new Law earlier this month that provides significant reliefs (from 50% up to 95%) on interest and penalties on overdue taxes…
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Posted in News, News for Cyprus, News for Greece
The first Andersen Global Newsletter has been released
We’re pleased to share with you that Andersen Global has just launched a global newsletter for alumni and friends of the firm.
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Posted in News, News for Cyprus
Cyprus Tax News: VAT Refund of Plot land
The Cyprus tax authorities announced on 24 September 2019 that individuals who had purchased undeveloped building land on or after 2 January 2018 for the sole purpose of constructing a dwelling to be used as their principal and permanent place of residence would be entitled to a partial refund of the VAT paid.
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Posted in News, News for Cyprus
Deemed dividend distribution due end of 2019
Cyprus tax resident companies must declare at least 70% of their 2017 accounting profits by 31 December 2019 and pay the resulting special contribution for defence of 17% and National Health Contribution of 1,7% by 31 January 2020
