August 2021: International Tax Planning Review
The regular report on harmful tax regimes The Forum on Harmful Tax Practices (FHTP) has published the new peer review results on the existing preferential tax regimes under the OECD’s […]
Tag: Cyprus
May 2021: International Tax Planning Review
UAE allows 100 per cent foreign ownership of local companies The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners to own local (onshore) companies
April 2021: International Tax Planning Review
Cyprus is planning to introduce withholding tax and amend corporate tax residency rules Two bills have been submitted to the Cyprus Parliament to amend the legislation on income tax and
March 2021: International Tax Planning Review
Cyprus extends tax return deadline for companies Cyprus has extended the 2019 tax filing deadline for companies and self-employed businessmen. The corresponding decree provides the extension of the deadline for
February 2021: International Tax Planning Review
Changes to the EU list of non-cooperative tax jurisdictions The list of “non-cooperative” tax jurisdictions maintained by the EU authorities has changed again. Dominica (Commonwealth of Dominica) has been included
December 2020: International Tax Planning Review
Cyprus starts creating a beneficial ownership register The Council of Ministers of Cyprus has appointed a competent authority responsible for registration of beneficial owners of companies and other legal entities.
October 2020: International Tax Planning Review
Russia and Malta signed a protocol amending the double tax treaty On 1 October, representatives of Russia and Malta signed a Protocol amending the bilateral Convention for the avoidance of
Cyprus cancelled Citizenship by Investment Program
On 13 October, 2020 the information on decision to cancel Citizenship by Investment Program made on the extraordinary meeting of Council of Ministers has been published by the Ministry of
August 2020: International Tax Planning Review
The European Commission’s report on implementation of the Anti-Tax Avoidance Directive On 19 August 2020 the European Commission published its first report on the implementation of the Council Directive (EU)
June 2020: International Tax Planning Review
Russian-Cypriot negotiations to amend double tax treaty On 25 June 2020 Russia and Cyprus started negotiations on amendments to the Agreement for the avoidance of double taxation dated 5 December