Non-imposition of administrative penalties concerning tax returns submitted up until 6 December 2021
The Minister of Finance, in order to facilitate taxpayers and their tax consultants, has announced that there will be no administrative penalties imposed for the below mentioned Tax Returns submitted up until Monday, 6 December 2021: Personal Income Tax Return 2020 (TD1 Form) Income Tax Return for Self-Employed with Accounts 2019 (TD1SEmpl Form) Company Income Tax […]
Further extension of DAC6 deadline
On the 3rd of June 2021, the Tax Department issued an announcement stating that there will be no imposition of administrative fines for the overdue submission of DAC6 information until the 30th of September 2021. This is a further extension to the one granted by the Ministry of Finance on the 26th of February 2021, […]
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 […]
Tax Department clarifies tax status of permanent establishments and legal persons during COVID-19 pandemic
Author: Elena Christodoulou Firm: Elias Neocleous & Co LLC Publisher:International Law Office Download
Extension to the deadline submission of Income Tax Return 2017 for Companies and Self Employed with Accounts
On 27 March 2019 the Cyprus Tax Department issued notification that it has extended the deadline for the filing of 2017 Income tax returns for Companies (TD4A) and Self Employed persons with Accounts (TD 1A Acc) from 31 March 2019 to 30 April 2019. For further information on this matter please contact Constantinos Christofi or your usual […]
