Mandatory electronic tax payment
The Cyprus Tax Department has issued a further reminder that with effect from 1 June 2018 both interim and final payments of Special Defence Contribution, commonly known as SDC tax, and income tax can only be made online through the JCCsmart website. District tax offices will only accept payments when they are overdue and include […]
Alignment of domestic law with EU directive on mandatory automatic exchange of tax information
The recently-enacted Law 33(I)/2018 amends the Law regarding Administrative Cooperation in the Field of Taxation of 2012 to 2017 to align domestic law with EU Directive 2016/881/EU, which amended EU Directive 2011/16/EU on administrative cooperation in the field of taxation. The amending law replaces the definition of ‘automatic exchange’ contained in Article 2 of the […]
Cyprus chapter of Baker McKenzie’s “International Agency and Distribution Handbook”
Author: DAPHNE IONIDES Law Firm: Elias Neocleous & Co LLC Publisher: Baker McKenzie Practice area: Corporate and commercial