DAC6 –Directive of the Council of EU on mandatory disclosure and exchange of information on cross-border arrangements. Extension to the moratorium on the imposition of administrative fines for overdue submission of information

The Tax Department of Cyprus announced, on 26 February 2021, that there will be no imposition of administrative fines for overdue submission of DAC6 information in the following cases, provided that the relevant information is submitted by 30 June 2021: (a) Reportable cross-border arrangements that were made between 25 June 2018and 30 June 2020, information […]