JULY TAX Newsletter Issue 10/2017


 The Extension to the definition of "Cyprus tax resident" is for individuals that satisfy all the below conditions:

1. Does not spend more than 183 days in aggregate in any other state within the tax year.

2. Is not a tax resident of any other state within the tax year.

3. Resides in Cyprus for at least 60 days within the tax year.

4. Carries on a business in Cyprus or is employed in Cyprus or holds an office in a Cyprus tax resident company at any time during the tax year. It is noted that in case the business, employment or holding of an office under this condition is terminated during the tax year, the person shall not be considered a Cyprus tax resident for that particular tax year.

5. Maintains a permanent residence in Cyprus (either rented or owned).

27 July 2017

Publications


NOVEMBER iCAS Newsletter Issue 43/2017
The European Banking Authority ("EBA") opened a public consultation on a proposed amendment to the Regulatory Technical Standard 1 ("RTS...
13 November 2017
NOVEMBER iCAS Newsletter Issue 42/2017
We would like to remind you about obtaining a Legal Entity Identifier ("LEI") before 3 January 2018, the implementation date for...
06 November 2017
OCTOBER iCAS Newsletter Issue 41/2017
The European Securities and Markets Authority ("ESMA") published 9 opinions on position limits regarding commodity derivatives under MiFID II/MIFIR. ESMA’s opinions agree...
30 October 2017
OCTOBER TAX Newsletter Issue 11/2017
Further to our Newsletters Issue 03/2017 and 08/2017, we would like to inform you that the House of Representatives voted...
27 October 2017
Copyright © 2016 K.Treppides & Co Ltd
Handcrafted Design and Development by Bevisible