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Taxpayers must submit a provisional tax return prior to August 1st of each year based on the estimated current year’s profit. Provisional tax payments must be made on the estimated current year profit in two equal installments, on 1st August and…

Generally The tax profits introduced in the Republic of exports situ fabricated or manufactured products (excluding petroleum), taxed until 2002 with ½ rates 2 companies institutionalized after 07/10/1998 for the first time their shares on the Cyprus Stock Exchange (CSE),…

On 30 December 2015, Cyprus signed a tax treaty with Ethiopia for the avoidance of double taxation, which was published in the Official Cyprus Government Gazette on 18 January 2016. This is the fifth tax treaty that Cyprus signed with…

  The Tax Department informs that the Income Tax enforcement notice and the special defense contribution for individuals for the tax years 2006 onward and the Special Contribution for individuals for the tax years 2012 onward, will be sent in…

With an amendment to the Immovable Property Tax Law, the deadline for paying the immovable property tax for 2015 is extended from 30 September 2015 to 31 December 2015.Furthermore the following discount will apply if the tax liability is settled…