ARTICLES
The Commissioner for Taxation has announced the extension of the submission deadline for the 2016 personal income tax return for salaried individuals as follows:
However tax payers are still required to pay any outstanding income tax due for the tax year 2016 by 30 June 2017 in order to avoid interest and penalties.
Latest news
Changes in the withholding payment of Special Defense and GESY contributions on payable rents of legal entities. The Cyprus tax authorities inform that a legal entity which pays rent to an individual to 30 of June and to 31 of December of a given year, is now liable to pay the special contributio...…
Published: Wednesday 28 February, 2024
A revised treaty for avoidance of double taxation between Cyprus and France was signed on 11 December 2023 replacing the previous Treaty of 1981. The main provisions of the Treaty are as follows: Dividends: 0% withholding tax if the beneficial owner of the dividend is a com...…
Published: Wednesday 21 February, 2024
The double tax treaty between Cyprus and Croatia was signed on 17 October 2023 and ratified on 27 October 2023. Following the ratification by Cyprus, the treaty will be in effect in the year following the year in which the ratification process in the Republic of Croatia is also completed. It will...…
Published: Tuesday 23 January, 2024
Morison Patsalides