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Compliance, Government of Cyprus, International Tax

Cyprus – DAC6 Extension to the Imposition of Administrative Fines to Overdue Reportable Information

November 23, 2021November 23, 2021Michalis C. Zambartasadministrative fines, Compliance, cross-border, Cyprus, Cyprus Tax Department, DAC6, international tax

On 22nd November 2021, The Tax Department of the Ministry of Finance of the Republic of Cyprus announced that there will be no imposition of fines to DAC6 overdue reportable
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cross-border reporting
Compliance, Government of Cyprus, International Tax

DAC6 Law enters into force in Cyprus

April 6, 2021April 7, 2021Michalis C. ZambartasAML, cross-border, Cyprus, DAC6, EU Regulation, exchange of information, international tax, Reporting

On March 18, 2021 the House of Representatives of the Republic of Cyprus approved the Law on Administrative Cooperation in the field of Taxation (Law N. 205(I)/2012) (hereinafter referred to
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International Tax

Cypriot Implementation of DAC6 approaching

December 27, 2019January 7, 2020Michalis C. ZambartasAggressive Tax Planning, Compliance, Cyprus, DAC6, DAC6 Cyprus, EU Tax Planning, International Tax Planning, Reporting, Tax Authorities

EU Directive 2018/822 (DAC6), adopted in May 2018, provides that EU intermediaries such as banks, law firms, corporate service providers, accounting firms, and tax payers themselves make a mandatory reporting
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Recent Posts

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