Eurofast is pleased to contribute the Cyprus section to the Taxand 2017 Global Guide to M&A Tax. This global guide provides guidance on the M&A tax climate across 37 jurisdictions and an overview of continuing and emerging trends that reflect a changing international consensus on the allocation of tax burdens and experiments in new tax policy.
Amongst other trends, the guide identifies the following key areas where multinational businesses may see changes in the deal-making process from a tax perspective:
- Increased focus on substance
- Diminished importance of ownership relative to economic contributions in transfer pricing in intangibles
- Limitations on interest deductions
- Worldwide exchange of information between tax authorities
Access your copy of the Taxand Global Guide to M&A Tax 2017 HERE.