JANUARY DIRECT TAX Newsletter - Issue 01/2020

We would like to inform you that the amount of the maximum annual tax deduction that may be granted to individual taxpayers for life and medical insurance premiums, and contributions to the social insurance, pension and provident funds, and to the General Healthcare System (GHS), has been increased from 1/6th to 1/5th of an individual's taxable income as calculated prior to this deduction.

02 January 2020


Adoption of EU ATAD Exit Taxation and Hybrid Mismatch Rules
We would like to inform you that the Cyprus Parliament has voted into law the following anti-tax avoidance measures under...
11 August 2020
JULY DIRECT TAXATION Newsletter - Issue 10/2020
Further to our Newsletter issue 02/2020, we would like to inform you that the House of Representatives has voted an...
11 August 2020
JULY ICAS Newsletter - Issue 77/2020
The Cyprus Securities and Exchange Commission ("CySEC") has carried out a review of the circumstances that are considered by Cyprus...
11 August 2020
JUNE ICAS Newsletter - Issue 76/2020
The European Banking Authority ("EBA") published its final Guidelines on the treatment of structural FX positions.
06 July 2020
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