2020 Income Tax Declaration T.D1 Employees & self-employed

cyprus

2020 Income Tax Declaration T.D1 Employees & self-employed

We would like to inform you that the Income Tax Declaration for individuals (TD.1 form) for the tax year 2020, is made available to the Taxisnet system. In accordance with...

cyprus

Cyprus and Russia reached an agreement to amend the Double Tax Treaty

On 10 August 2020, following extensive negotiations, Cyprus and Russia reached an agreement for the amendment of the Agreement for the avoidance of Double Taxation.

cyprus

ΦΟΡΟΤΙΤΙΒΙΣΜΑΤΑ

“…σύμφωνα με το Άρθρο 10(β) του Φόρου Κεφαλαιουχικών Κερδών (Ν52/80 Ο.Τ) δωρεές που γίνονται από γονείς σε παιδιά, καθώς και μεταξύ συζύγων δε θεωρούνται διαθέσεις και συνεπώς δεν υπόκεινται σε...

cyprus

Amendment of article 14 of the Cyprus Income Tax Law

Amendment of article 14 of the Income Tax Law: the limit of certain allowable deductions for individuals is increased from 1/6 to 1/5 of net income

cyprus

Signed Double Tax Treaty between UK and Cyprus – Amended Protocol Signed on 19 December 2018

The Double Tax Treaty (DTT) of 2018 (which came in to effect on 18 July 2018, and replaced the DTT of 1974) was amended with a protocol signed on 19...

cyprus

Extension to the deadline for CbC Reports submission

Please be informed that on 18 December 2018 the Cyprus Tax Department announced that the submission deadline for Country-by-Country (“CbC”) Reports for the 2017 Reporting Fiscal Year has been extended...

cyprus

Tax Alert- Revised Income Tax Return for Employee and Self Employed 2017

The Cyprus Tax Department has announced that their TAXISnet system at https://taxisnet.mof.gov.cy has now been enabled to allow you to make (if needed), changes/corrections to your income Tax Returns that...

cyprus

Tax Alert- Revised Income Tax Return for Employee and Self Employed 2017

The Cyprus Tax Department has announced that their TAXISnet system at https://taxisnet.mof.gov.cy has now been enabled to allow you to make (if needed), changes/corrections to your income Tax Returns that have already...