Oct 20, 2023 | News
October 20th, 2023 The European Council, on October 17th, 2023, added Belize, Seychelles, Belize, and Antigua & Barbuda to the EU list of non-cooperative countries, and removed British Virgin Islands (BVI), the Marshall Islands and Costa Rica from the same list....
Oct 10, 2023 | News
October 11th, 2023 The Ministry of Finance of the Republic of Cyprus has prepared and proposed a harmonizing law on October 23rd 2023 entitled “Ensuring a Global Minimum Level of Taxation of Multinational Enterprise Groups and Large-scale Domestic Groups in the...
Sep 4, 2023 | News
A Draft Law securing a global minimum level of taxation for MNE (multinational enterprises) and large-scale domestic groups in the EU was issued in Luxemburg on August 4th, 2023, transposing at national level Council Directive (EU) 2022/2523 (14.12.2022) which secures...
Aug 10, 2023 | News
August 10th, 2023, A Russian Presidential Decree has suspended substantial articles from existing double tax treaties (DTTs) concluded between Russia with about 40 “unfriendly” states, including the Cyprus-Russia Double Tax treaty. The suspended articles...
Jul 6, 2023 | News
Thursday, July 6th, 2023, The new amendments dated June 30th, 2023, brought to article 8(23A) of the Income Tax Law “ITL” are the following: The number of years whereby an individual should not have been resident in the Republic of Cyprus before commencing his first...
