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 […]

Deadline for submitting Tax Form TD1 now extended to 30 November 2020.

The Minister of Finance has issued a decree relating to the submission of the Personal Income Tax Form (TD1) for employees, pensioners or self-employed without audited accounts, for the tax year 2019.  The decree extends the deadline for the submission of Personal Income Tax Form (TD1) until 30 November 2020. The new deadline also applies […]