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


AUGUST ICAS Newsletter Issue 29/2019
The European Banking Authority ("EBA") published an opinion on the implementation of the Deposit Guarantee Schemes Directive ("DGSD") in the...
12 August 2019
AUGUST ICAS Newsletter Issue 28/2019
The European Banking Authority ("EBA") launched a public consultation on draft Guidelines ("GLs") on the determination of the weighted average maturity...
05 August 2019
JULY ICAS Newsletter Issue 27/2019
The European Banking Authority ("EBA") published an updated list of Common Equity Tier 1 ("CET1") instruments of EU institutions.
29 July 2019
JULY ICAS Newsletter Issue 26/2019
The European Banking Authority ("EBA") published the findings of its analysis on the regulatory framework applicable to FinTech firms when accessing...
22 July 2019
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