Alert 2,23-08-2022
The Cyprus Tax Department alert regarding Nil reports

The Cyprus Tax Department informs all Reporting Financial Institutions that nil report submission for FATCA purposes is not mandatory. Nil reports…

Alert 1,10-08-2022
The KPMG Cyprus Real Estate Market Report (Fourth Edition)

The KPMG Cyprus Real Estate Market Report (Fourth Edition), provides an overview of the major economic factors affecting the industry, as well as a…

Alert 11,14-07-2022
Employment Tax Incentives-New income tax exemptions for first employment in Cyprus

On 14 July 2022, the House of Representatives voted amendments to Articles 8(21) and 8(23) of the Income Tax Law (ITL) related to the income tax…

Alert 9,13-07-2022
New Announcement by the Cyprus Tax Department

On 13th of July 2016, the Cyprus Tax Department has announced that as from 2016 Cyprus Reporting Financial Institutions which do not have any US…