The establishment of an Administrative Court to take over tax cases
10/07/2015Cyprus/March 2014 The Constitution of the Republic of Cyprus in Article 146 grants the Supreme Court of Cyprus exclusive jurisdiction…Taxand Global Survey 2014
10/07/2015Cyprus/March 2014 Taxand Global Survey 2014, A report which examines the latest global tax issues affecting multinationals today. This year’s…A new Draft Law is introduced today before the Cabinet
10/07/2015Cyprus/March 2014 The Minister of Finance, Mr. Charis Georgiades, and the Minister of Interior, Socrates Chasikos, have made the final…Amendments to the Immovable Property Law
10/07/2015Cyprus/March 2014 Article 51A of the Immovable Property Legislation (Tenure, Registration and Valuation) (Amendment) Law, 1960 (N. A3/1960) has been…Special Defence Contribution on Dividends reverts to lower levels
10/07/2015Cyprus/March 2014 Special Defence Contribution was introduced in 1984 as part of Cyprus’s efforts to receive additional funds for its…Bank of Cyprus releases of 6 month deposits
10/07/2015Cyprus/February 2014 The Bank of Cyprus has decided to release the 6 month time deposits that were blocked in relation…Changes to the Cyprus Tax Legislation
10/07/2015Cyprus/January 2014 Content: 1. VAT Update: Increase of rates and related inventory counts 2. New Social Insurance Contribution Rates 3.…Cyprus expands its double tax treaty network with Spain, Portugal and Finland
10/07/2015Cyprus/January 2014 To enhance its position as a financial business centre and to attract more international business as well as…EC goes aggressive on cracking down tax avoidance in the EU through the Parent-Subsidiary Directive
10/07/2015Cyprus/December 2013 On 25 November 2013 the European Commission adopted a proposal to amend the Parent Subsidiary Directive (2011/96/EU), its…Capital transfer restrictions in Cyprus – Recent Update
10/07/2015Cyprus/November 2013 The Ministry of Finance of Cyprus has recently published a circular with the latest updates regarding the enforcement…