BVI, Costa Rica, Marshall Islands and Russia now listed as EU-non cooperative jurisdictions for tax purposes.
On 14 February 2023, the Council of the European Union (“EU”) announced that British Virgin Islands (“BVI”), Costa Rica, Marshall Islands and Russia have been added to the list of EU non-cooperative jurisdictions for tax purposes (known as the “blacklist”). The blacklist now consists of the following 16 jurisdictions: American Samoa Fiji Samoa Anguilla Guam […]
Elias Neocleous & Co LLC contributes the Cyprus chapter to “The Legal 500: Tax Country Comparative Guide”
Elias Neocleous & Co LLC is proud to announce the publication of the most recent update of the Cyprus chapter of “The Legal 500: Tax Country Comparative Guide”. The aim of this guide is to provide its readers with a pragmatic overview of the Tax laws and regulations across a variety of jurisdictions. Our chapter […]
Tax on Corporate Transactions in Cyprus
Author: Elias Neocleous, Elena Christodoulou Firm: Elias Neocleous & Co LLC Publisher: Thomson Reuters Link
Amendment to the Double Tax convention between the Republic of Cyprus and the Federal Republic of Germany
A protocol amending the current double tax convention between the Republic of Cyprus and the Federal Republic of Germany was signed on 19 February 2021 in Nicosia, Cyprus. The protocol relates to the avoidance of double taxation in respect of taxes on income and on capital. The double tax convention with the German Federation is […]
2020 Legal 500 Tax Country Comparative Guide published.
This authoritative Legal 500 tax guide is now available to view online. The aim of the guide is to provide its readers with a pragmatic overview of the tax laws and regulations across a variety of jurisdictions. Each chapter of this guide provides information about withholding tax, transfer pricing, the OECD model, GAAR, tax disputes […]
Tax Department announces probable extension to deadline for submitting 2019 Tax Return TF1.
On 25 August 2020, the Tax Department issued an announcement that, due to technical reasons, it has not yet been able to make the following 2019 Income Tax Returns available for submission via TAXISnet: Employees and individuals (TF1_individual), Self employed individuals with turnover below EURO 70,000 (TF1_self employed). Ordinarily the returns are available for submission […]
