03 April 2023, TFA-Tax For All Source TFA-Tax For All is the Integrated Tax Administration System of the Taxation Department, which will replace existing computer systems. Tax For All will electronically serve the taxpayer and/or their authorized representative through TFA online.The Project will be completed in three stages.Each stage concerns different types of taxes and functions....Read More

22 March 2023, Europe’s top banks won’t face Credit Suisse’s fate, says Moody’s Source (March 22): Europe’s top banks are unlikely to face the kind of downward spiral that forced Credit Suisse Group AG into the arms of larger Swiss competitor UBS Group AG over the weekend, according to Moody’s Investors Service. None of the...Read More

22 February 2023, Amendments to Cyprus Companies Law – Choice for a Review Engagement instead of an AUDIT. Applicable for reporting periods ending on or after 31 December 2022 On 9th of June 2022, the House of Representatives passed amendments to the Companies Law. According to the amendments of the Companies Law, companies may submit...Read More

10 January 2023, Amendments to the Cypriot Income Tax and the Assessment and Collection ofTaxes Law – Transfer Pricing rules. Effective as of 1 January 2022 On 30 June 2022, the Cyprus parliament has voted into law the long-anticipated documentation requirements on transfer pricing (law and regulations). The law and regulations are aligned with the...Read More