Tax Webcast - May 2019

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.

Subscribe to our Tax Webcasts to be notified when a new video is out via our website or YouTube channel.

In this Tax Webcast, we cover the following topics:

1. Local tax developments

1. 1 Tax bill to amend the Law Regulating the Settlement of Overdue Taxes

1. 2 Revised T.D.2001 for Investment Funds

1. 3 Proposal for compensatory measures against the newly introduced contributions to the General Healthcare System

2. International developments

2. 1 Updated EU list of non-cooperative jurisdictions

3. Tax treaty developments

3. 1 Agreement between the Republic of Cyprus and Kazakhstan for the avoidance of double taxation

4.  Tax diary for June 2019

30 June 2019

-      Payment of tax balance for the tax year 2018 through self-assessment by individuals who don’t prepare audited Financial Statements.

-      Payment of SDC on rents, dividends and interest from sources outside of the Republic for the first 6 months of 2019.

Related Links

Disclaimer Note

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 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.

Did you find this useful?