Income Tax Law Amendments, by Petros Loizou


The House of Representatives voted on 5 April 2019, a series of provisions amending the Income Tax Law which were published in the Official Gazette of the Republic on 25 April 2019. The long-awaited law introduces in the Cyprus Tax legislation certain provisions of the EU Anti-Tax Avoidance Directive (“ATAD”), which was adopted by the European Union (“EU”) in 2016 with the aim to create a minimum level of protection against corporate tax avoidance throughout the EU and prevent aggressive tax planning. The amendments will be effective retroactively as of 1 January 2019.

17 May 2019

Publications


OCTOBER ICAS Newsletter Issue 37/2019
The European Insurance and Occupational Pensions Authority ("EIOPA") published updated technical documentation of the methodology to derive EIOPA's risk-free interest...
08 October 2019
SEPTEMBER ICAS Newsletter Issue 36/2019
The European Banking Authority ("EBA") launched a 2-month public consultation on its proposals for a simple, transparent and standardised ("STS")...
03 October 2019
SEPTEMBER TAX Newsletter - Issue 06/2019
We would like to bring to your attention that the Cyprus Council of Ministers, approved a Scheme for sponsorship to...
27 September 2019
SEPTEMBER ICAS Newsletter Issue 35/2019
On 24 June 2019, the Chairmen of the US Securities and Exchange Commission and the US Commodity Futures Trading Commission,...
27 September 2019
Copyright © 2019 K.Treppides & Co Ltd
Handcrafted Design and Development by Bevisible