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


MAY DIRECT TAX Newsletter - Issue 05/2020
Extension to the deadline for submission of the 2018 Income Tax Return.
27 May 2020
MAY ICAS Newsletter - Issue 70/2020
The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the CIFs that the European Securities and Markets Authority ("ESMA")...
26 May 2020
MAY ICAS Newsletter - Issue 69/2020
The European Securities and Markets Authority ("ESMA"), the EU securities markets regulator, publishes the first complete risk dashboard for 2020, and...
18 May 2020
MAY ICAS Newsletter - Issue 68/2020
The European Banking Authority ("EBA") welcomed the EU Commission’s action plan on anti-money laundering and counter terrorist financing ("AML/CFT").
11 May 2020
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