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Unshell Discontinuation
July 10th, 2025, Following the conclusion that the proposed Unshell Directive to combat tax avoidance could lead to overlaps with the execution of the DAC6 EU Directive requiring...
Tax measures Vs 'blacklisted' & low tax jurisdictions (LTJ)
May 7th, 2025, Cyprus House of Representatives has introduced defensive measures against ‘blacklisted’ (BLJ) and low-tax jurisdictions (LTJ). The new legal measures are as...
NEW TAX REFORM PROPOSAL
The Economics Research Centre of the University of Cyprus has provided its tax reform proposal that is to go through the Ministry of Finance and the Council of Ministers before...
MNE Global Minimum Tax
January 7th, 2025, The Republic of Cyprus has transposed into national law the Pillar Two Directive, namely EU Directive 2022/2523 of December 14th, 2022, according to which a...
‘PPWR’
December 21st, 2024, To reduce packaging waste, the Council of the EU formally adopted the Packaging and Packaging Waste Regulation (PPWR), which relates to all forms of...
Individual Tax Return Exemption
November 22nd, 2024 According to a decree No.384/2024 published in the official gazette of the Republic on November 15th 2024, and issued by the Council of Ministers under the...
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