Amendment to the Assessment and Collection of Taxes Law 4/78 – Courtesy of PwC

On 31 July 2020 the Cyprus Parliament voted to amend certain provisions relating to the Assessment and Collection of Taxes Law 4/78 aiming at improving tax compliance, strengthening tax collection and providing additional powers to the Tax Department. The amendments were gazetted on 20 August 2020 which is the date of their enactment.

Details can be found in the PwC newsletter here: PwC N-23-2020