Transfer Pricing Firm of the year 2021 in Cyprus

Transfer Pricing Firm of the year 2021 in Cyprus

Our Firm is the winner for a second consecutive year in the category of Transfer Pricing Advisory Firm in Cyprus, of Global Advisory Experts (GAE) www.globaladvisoryexperts.com awards. Our Firm continues to receive recognition for its high-quality services and especially in the demanding and complex area of Transfer Pricing. In a rapidly changing world, the impact of our advice and service can make the difference.   Thank you.

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Кипрские номинальные ставки процентных вычетов (NID) на 2021 год.

Кипрские номинальные ставки процентных вычетов (NID) на 2021 год.

31 декабря 2020 года Налоговое управление Кипра объявило о доходности 10-летних государственных облигаций для ряда стран. Эти проценты увеличились на 5% по отношению к эталонной ставке и могут быть использованы для расчета индикативного процентного вычета по новым собственным средствам, введенным в компанию с 1 января 2015 года. Выбор страны зависит от того, где инвестируется новый капитал/доля. NID ограничен 80% налогооблагаемой прибыли, полученной от применения новых средств. Следующие […]

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Permanent Establishments (PE) and tax residency in times of Covid 19 – Cyprus.

Permanent Establishments (PE) and tax residency in times of Covid 19 – Cyprus.

The Cyprus income tax office has recently issued the application Guidance nu 4/2020 dealing with the application of the relevant articles of the law on tax residency and PE considering Covid 19 pandemic. As per the Guidance the period from 21 March 2020 to 9 June 2020 is determined as the time period were restrictions on travelling in/out of Cyprus applied and as such this […]

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Amendments of the Cyprus IP Box tax regime

Amendments of the Cyprus IP Box tax regime

The provisions of the Cyprus Tax law for the treatment of intangible assets have been amended on 14/08/2020, retrospectively from 01/01/2020. The amendments as explained below they enhance the attractiveness of the regime by: abolishing any tax on the gain realized on the disposal of the intangible assets (even on the capital allowances claimed as tax deduction) and; provide flexibility to taxpayers on the claim […]

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