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Cyprus House of Representatives adoptedon 19th June 2020 the law to implement the directive (EU Anti-Tax Avoidance Directive (ATAD EU 2016/1164) that will be applied retrospectively as of 1st January 2020 with the exception of reverse hybrids which will be applicable as from 1st January 2022.

We would like to bring to your attention that the Council of Ministers approved the new amended regulations of the Cyprus Investment Programme (CIP) which shall be voted by the House of Representatives in Cyprus. One of the main changes being the provision of examining the citizenship applications in conjunction with the Money Laundering legislation…

According to the Cyprus Income Tax Laws, all companies that will have taxable income for tax year 2020 should submit to the Tax Authorities by 31 July 2020, a temporary tax return form (T.D6), based on their estimated taxable profits for the current year and pay the temporary tax in two equal instalments before or…

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