Transfer Pricing News in Cyprus
On 30 June 2022, the Cyprus Parliament passed a law introducing detailed transfer pricing (TP) legislation, by amending the current Cyprus Income Tax & Assessment and Collection laws. The Organisation for Economic Co-operation and Development (OECD) on Transfer Pricing Guidelines…
Read moreProud sponsors of the Neofytos Chandriotis basketball tournament
Euroaudit is thrilled to announce that we are proud sponsors of the Neofytos Chandriotis basketball tournament 22-23th September 2023, Stadium Tassos Papadopoulos Eleftheria, Nicosia BC Olympiakos Piraeus BC Zalgiris Kaunas KK Crvena zvezda BC Maccabi Playtika Tel Aviv
Read moreIncorporation Rules for Tax Residence
Important amendment on Income Tax Law – Residency of Cyprus Companies – Incorporation Rule applicable from 31/12/2022. As from 31/12/2022, a new development has been introduced in relation to the residency of Cypriot Companies and their taxation under Cyprus Tax…
Read moreIncome Tax Return for Individuals
The Tax Department has announced that the Income Tax Return for Individuals (T.D.1 Employee / Self Employed) for the tax year 2022 is available for submission via the TAXISnet system. It is noted that physical persons (Employees, Pensioners and Self-employed)…
Read moreSpecial Contribution for the Defence Law on Rents
The provisions of the Special Contribution for the Defence Law relating to withholding obligations on rental payments have been amended. Based on the specific amendments, as of 9 June 2023 every person who has the obligation to withhold special contribution…
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