JUNE 2016 – PAYMENT OF TAX FOR 2015 AND 2016 – COURTESY OF ERNST & YOUNG

As per the Assessment and Collection of Taxes Law, every company or individual (who derives income other than from emoluments) must file before 31 July 2016 an estimate of the taxable profit for (corporate) income tax purposes and the resulting tax liability for the year 2016.

Tax Newsletter_Cyprus_English_June2016_Issue3v2

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