TAX TREATMENT OF INTRA-GROUP BACK-TO-BACK FINANCING ARRANGEMENTS     On the 30th of June the Cyprus Tax Department has issued an interpretative Circular as to the  treatment of Intra [...]

Minimum profit margins on Back to Back Loans abolished   The Cyprus Tax Department (CTD), in order to streamline its policies and adhere with the latest OECD guidelines and the [...]

On the 14 of October the Cyprus Parliament has amended the Cyprus tax legislation and the favourable tax scheme applying for Intellectual Property Rights (collectively referred to as IP) and [...]

The Cyprus Tax Department (CTD) announced that they will amend the Intellectual Property Tax Law to align it with the OECD recommendations as published on the 5th October 2015 Action [...]

The Cyprus Parliament has approved the a number of tax reforms which they were subsequently passed into laws with there publication in the Government gazette on Thursday 16th July 2015. [...]

The Inland Revenue Department collections have been reduced by 3% in the first seven months of the year compared to the same period of 2013, official data released on 2/9/2014 [...]

Following the recent amendments of the Cyprus tax legislation a more favourable taxation regime has been introduced for royalties and Intellectual Property Rights (collectively referred to as IP). The main [...]

The news of the new double tax treaty signed by the two countries was welcomed by the business community of both countries as it ended years of speculation and uncertainty [...]

On the 26th of August of 2011 the House of Representatives voted as a first package of measures to stabilize and streamline the Cyprus economy in order to adhere to [...]