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Tax Webcast July 2018

Cyprus Tax Webcasts

Welcome to our 5 minute tax update broadcasted monthly. The aim of our tax webcasts is to provide a brief summary of local and international tax events impacting Cyprus.

In this Tax Webcast, we cover the following topics:

1. Local tax developments

1. 1 Amending Laws relating to Funds

1. 2 Amending Laws for bank loan restructurings

1. 3 Tax Department announcement for 2018 provisional tax

2. International developments

2. 1 Guidance issued by the Russian Tax Authorities for the application of the beneficial ownership concept

3. Tax Diary for August 2018

1 August 2018

-      Payment of the 2017 tax balance through self-assessment by individuals & companies preparing audited financial statements

31 August 2018

-      Payment of the 2nd instalment of the premium tax for insurance companies for 2018

-      Payment of the 1st provisional tax instalment for 2018

 

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For general queries and comments on Tax Webcasts, please send an email to CyprusTaxWebcasts@deloitte.com.

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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Please note that the comments made in this presentation, to some extent, are based on material obtained from sources outside Deloitte.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the ″Deloitte network″) is, by means of this video, rendering professional advice or services.

No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this video.

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