Cyprus tax residency – “60 day” rule

Cyprus tax residency – “60 day” rule

The Cyprus legislation recently amended where an individual can be considered as a Cyprus Tax resident if all of the following conditions are met: • stays in Cyprus for one or more periods of at least 60 days; • does not stay in another state for one or more periods exceeding a total of 183 days; • is not a tax resident in another state; […]

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Extension of the period for the scheme of settlement of overdue taxes

Extension of the period for the scheme of settlement of overdue taxes

Extension of the period for the scheme of settlement of overdue taxes by monthly installments On 29 September it has been voted by the parliament amendments to the law for the settlement of the overdue taxes by installments. The amendments are as follows: a) The deadline for the for submission of a claim for the payment of tax by installments has been extended from 3 […]

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