Nicosia, September 21st, 2021

The Tax Department has informed that the deadline for the submission of DAC 6 Reports (RCBAs) has been postponed to November 30th, 2021, and that no administrative fines will be imposed until this date, with DAC 6 Reports referring to the following cases:

(a) Reportable cross-border arrangements (RCBAs) made between June 25th, 2018, and June 30th, 2020, which had to be submitted by February 28th, 2021.

(b) RCBAs made between 1st of July 2020 and December 31st, 2020, which had to be submitted by January 31st, 2021.

(c) RCBAs made between January 1sts 2021 and October 31st, 2021, which had to be submitted within 30 days, from the date they became available for implementation or were ready to implementation or had taken the first step towards their implementation, whichever happened first.

(d) RCBAs for which secondary intermediaries have provided assistance, assistance or advice between January 1st 2021 and October 31, 2021, and had to submit information within 30 days calculated from the day following the day on which they provided assistance, assistance or advice.

(e) The first periodic report on general purpose arrangements to be submitted by April 30th, 2021.