DAC 6 TIME DEADLINE EXTENSION FOR REPORTABLE CROSS-BORDER ARRANGEMENTS (RCBAs) & UPCOMING DOMESTIC LAW

THE UPCOMING CYPRUS UBO REGISTRY

Nicosia, January 27th, 2021, On December 16th, 2020, the Council of Ministers of the Republic of Cyprus, in consideration of EU 5th AML Directive 2018/843 and Law 188(I)2007 on Preventing and Combating Money Laundering and Terrorist Financing, has decided to appoint...
DAC 6 TIME DEADLINE EXTENSION FOR REPORTABLE CROSS-BORDER ARRANGEMENTS (RCBAs) & UPCOMING DOMESTIC LAW

Russia plans to scrap tax deal with Cyprus – August 2020

The Ministry of Finance implemented Vladimir Putin’s March promise to unilaterally withdraw from agreements with low-tax jurisdictions – the ministry has announced preparations for the denunciation of the double taxation treaty with Cyprus. With the...
DAC 6 TIME DEADLINE EXTENSION FOR REPORTABLE CROSS-BORDER ARRANGEMENTS (RCBAs) & UPCOMING DOMESTIC LAW

Cyprus – Kazakhstan Double Tax Treaty – Ratification

On 30 December 2019, the President of Kazakhstan signed into Law the Cyprus – Kazakhstan Double Tax Treaty following its ratification by the Kazakh Parliament. The Treaty was previously ratified by Cyprus on 24 May 2019. On 17 January 2020 Cyprus and Kazakhstan...