The administrative penalties apply to all Cyprus Income Tax Laws and they will apply from 1 October 2011. – Delay in the submission of tax returns will be subjected to €100 penalty – Failure or delay in submission of returns…
Amendments to the Cyprus Tax Legislation, December 2010, to extend and strengthen the anti-avoidance and anti-evasion provisions. For more information please visit ‘publications’
Russia/Cyprus Tax Treaty Protocol signed on 7 October 2010 in Cyprus during official visit of President Medvedev The Protocol to the Double Tax Treaty between Russia and Cyprus was signed in Nicosia on 7 October 2010 during Russian president Medvedev’s…
As from 1 January 2010 the VAT legislation for the supply of services will change. For more information please visit our publications area….
Cyprus improved its competitiveness despite the crisis and is now the 34th most competitive economy in the world among 133, up from the 40th ranking a year ago according to The World Economic Forum’s (WEF) global competitiveness report 2009/2010. Cyprus…