NEWS

IMPOSITION OF VAT ON LETTING OF IMMOVABLE PROPERTY – COURTESY OF DELOITTE

As from 13 November 2017, Cyprus VAT at the standard rate of 19% is imposed on the letting of immovable property. The relevant legislation was published on 13 November 2017 and on 2 January 2018...
Read More

CYPRUS TAX AUTHORITIES PUBLISH 10-YEAR GOVERNMENT BOND YIELD RATES FOR NID – COURTESY OF EY

The Cypriot Tax Department issued an announcement on 14 February 2018 to inform taxpayers of the 10-year government bond yield rates as at 31 December 2017 for a number of countries (set forth in the...
Read More

CIBA / NBAC JOINT EVENT “LIMASSOL PORT UNDER NEW MANAGEMENT”

The Cyprus International Business Association in collaboration with the Norwegian Business Association Cyprus, organised with great success an event entitled “Limassol port under new management”, with speaker Lazaros Charalambous, the Commercial Manager of DP World....
Read More

RUSSIAN NEWS: EXTENSION OF THE CAPITAL AMNESTY DEADLINE – COURTESY OF PWC

This is to inform you of the bills on tax amnesty providing for the extension of the capital amnesty deadline, which have passed their third reading in the Russian State Duma. The bills introduce the...
Read More

KEY DEVELOPMENTS IN THE RUSSIAN TAX LAW – COURTESY OF PWC

This is to inform you of the most important changes in the Russian tax legislation introduced by the Federal Tax Service of Russia (which have come into effect as from 01/01/2018) as well as the...
Read More

VAT AND HOLDING COMPANIES – COURTESY OF PWC

On 9 January 2018, the TAX Authority has released Circular 222 which provides the Tax Authority’s interpretative guidance on the interaction between holding companies and VAT. In particular, the Circular reconfirms the decided ECJ principles...
Read More

PWC’S ACADEMY TRAINING PROGRAMME FEBRUARY – JUNE 2018

PwC’s Academy is pleased to announce the new Training Programme for the period February – June 2018. For more information regarding the PwC Training Programmes please click here PwC Training program_1st semester 2018 For the registration...
Read More

RIALTO FEBRUARY PROGRAM

Rialto Program February 2018 ENG Rialto Program February 2018 GREEK
Read More

EY RELEASES 2018 CYPRUS TAX FACTS

We are pleased to share with you EY’s latest Cyprus Tax Facts guide – in English – which provides information regarding the Cypriot tax system based on the Cypriot legislation and tax practices, in relation to...
Read More

ELECTRONIC SUBMISSION OF 2017 INCOME TAX RETURNS FOR INDIVIDUALS – COURTESY OF EY

Mandatory electronic submission of 2017 Income Tax Returns for Individuals As a result of a recent amendment of the Income Tax Law, as of tax year 2017, the Income Tax Return of an individual can...
Read More

SECURE YOUR FINANCIAL FREEDOM – BY THANOS LEONIDA, SELF GROWTH INSURANCE CONSULTANTS LTD.

                  Thanos Leonidas of Self Growth Insurance Consultants Ltd. (CNP Cyprialife) a member company of CIBA gave an interest interview in AFISHA BIZ entitled “Secure your Financial Freedom” Click...
Read More

CIBA MEMBERS DISCOUNTED OFFER ON CYBERSECURITY TRAINING

TRAIN YOUR STAFF TO BE YOUR LAST LINE OF DEFENCE Technology often falls short in stopping a hacker from accessing your company via a phishing email or a phone call using social engineering. When this happens...
Read More

INTRODUCING THE NEW PRESIDENT OF CIBA – DOXIA NIKIA – THE FIRST WOMAN PRESIDENT OF CIBA

We’re pleased to announce that Mrs. Doxia Nikia, Director of D.D. Fidelity Associates Ltd., has been appointed as the new President of CIBA, effective immediately. Mrs. Doxia Nikia who has been a member of the...
Read More

VAT ON IMMOVABLE PROPERTY UPDATE – COURTESY OF EY

VAT on Immovable Property Update: Circulars on the Implementation Further to the amending VAT legislation (details in our November VAT Newsletter) on building land and immovable property leasing, Cyprus House of Parliament and Tax Department...
Read More

TAX REMINDER BY EY

31st of January 2018 is the last payment date for: • The 2nd instalment of the 2017 Provisional tax (in case no revised Provisional Tax (form TD6) was submitted on 31st of December 2017) • Special Contribution...
Read More

TAX TREATY SIGNED WITH SAUDI ARABIA – COURTESY OF DELOITTE

On 3 January 2018, Cyprus signed a tax treaty with Saudi Arabia. The tax treaty is based on the OECD Model Convention and its main provisions are briefly outlined below: Dividends: No withholding tax (WHT)...
Read More

EY AND CYPRUS-RUSSIAN BUSINESS ASSOCIATION, LAUNCH FIRST RUSSIAN BUSINESS STUDY REPORT

The Cyprus-Russian Business Association authorized EY Cyprus to conduct the first survey, Russia Doing Business in Cyprus 2017 – Measuring Quality and Efficiency. The full survey report can be read here: ey-russian-report
Read More

ECOFIN PUBLISHES EU LIST OF THIRD COUNTRY NON-COOPERATIVE JURISDICTIONS IN TAX MATTERS (‘BLACKLIST’) – COURTESY PWC

On 5 December 2017, the ECOFIN Council published its conclusions on the EU common list of (third country) non-cooperative jurisdictions in tax matters, also referred to as the ‘blacklist’. This initiative forms part of the...
Read More

CYPRUS’ PUBLIC CONSULTATION ON THE EU’S ANTI-TAX AVOIDANCE DIRECTIVES – COURTESY OF PWC

The Cyprus tax authority (CTA) opened on 14 November 2017 a public consultation on Cyprus’ transposition into national law of the two EU Directives on anti-tax avoidance (ATAD1 & ATAD2). The CTA has published, in...
Read More

EXTENSION OF COUNTRY-BY-COUNTRY REPORTING DEADLINES – COURTESY OF DELOITTE

On 11 December 2017, the Cyprus Tax Department (CTD) announced the extension of certain deadlines related to Country-by-Country (CbC) Reporting. Αs 2017 is the first year that CbC filings become due, the extensions will facilitate...
Read More
1 2 3 4 6