Cyprus Tax Round-Up 2017: Part 2 in “Global Tax Weekly”
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Dec. 18, 2017 Author:PHILIPPOS ARISTOTELOUS Law Firm: Elias Neocleous & Co LLC Publisher: Wolters Kluwer Practice area:TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING [/gdlr_column] [/gdlr_row]
Only completed actions are subject to administrative review
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Dec. 18, 2017 Author: ELENA RIGA MICHAEL Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area: LITIGATION, DISPUTE RESOLUTION AND ARBITRATION [/gdlr_column] [/gdlr_row]
Supporting the Russian-speaking community in Cyprus
On 1 December 2017 Elias Neocleous & Co LLC and the Russian Centre for Science and Culture signed a Memorandum of Cooperation to support Russian-speaking people living in Cyprus and promote bilateral cultural, humanitarian and scientific cooperation between Russia and Cyprus, under which Elias Neocleous & Co LLC will provide legal advice to Russian-speaking residents […]
Taxation of deemed benefits on loans and advances to directors and shareholders
Interpretative Circular 14, issued by the Cyprus Tax Department on 14 November 2017, clarifies the application of article 5(2)(g) of the Income Tax Law, which provides for a deemed benefit to be assessed on any drawings, loan or other financial facilities granted by a company to a non-resident director or shareholder or their spouses or […]