Premioconsult (Cyprus) forms Alliance with TPA Global

Premioconsult (Cyprus) forms Alliance with TPA Global

Our firm, Premioconsult Limited, in conjunction with TPA Global takes great pleasure in announcing the formation of an alliance to serve the needs of business in the areas of international tax and transfer pricing.   This new alliance will help to meet the growing demand of multinationals for comprehensive tax, valuation and transfer pricing systems, currently being scrutinized by the administrations as the next revenue […]

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Extension of the application deadline for applying into the scheme of settlement of overdue taxes

Extension of the application deadline for applying into the scheme of settlement of overdue taxes

Extension of the application deadline for applying into the scheme of settlement of overdue taxes The parliament has voted on 29/06/2018 for an extension of the deadline for applying into the scheme of settlement of overdue taxes. The deadline is extended to 03/01/2019. Furthermore the last date of submission of tax forms for participation in the scheme is extended to 31 December 2018. For the […]

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Extension of the application deadline for applying into the scheme of settlement of overdue taxes

Extension of the application deadline for applying into the scheme of settlement of overdue taxes

The parliament has voted on 03/01/2018 for an extension of the deadline for applying into the scheme of settlement of overdue taxes. The deadline is extended to 03/07/2018. For the detailed terms of the scheme please visit our previous publication at: https://premioservecy.com/scheme-for-settlement-of-overdue-taxes-by-monthly-installmentsby-monthly-installments/   The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about […]

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VAT on land and rental of immovable property

VAT on land and rental of immovable property

On 29/12/2017 and on 02/01/2018 the Cyprus Income Tax offices issued the circulars EE219 and EE220 regarding the imposition of VAT on the: sale of non-developed building land, leasing of commercial immovable property in Cyprus.   The law for imposition of 19% VAT on the above transactions is effective from 02/01/2018. As per the law and guidance issued from Income Tax office the main provisions […]

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