News
Tax Webcast November 2019
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.
Subscribe to our Tax Webcasts to be notified when a new video is out via our website or YouTube channel.
Agenda
In this Tax Webcast, we cover the following topics:
1. Local tax developments
1.1 Tax bill to exempt the profit from a write-off of a non-performing loan from deemed dividend distribution
1.2 Tax bill to amend the Notional Interest Deduction (NID) provisions of the Income Tax Law
1.3 Tax bill to extend the deadline for entering the scheme regulating the settlement of overdue taxes
2. Tax treaty developments
2.1 Negotiations for the signing of treaties for the avoidance of double taxation between Cyprus – Sri Lanka and Cyprus – Poland.
3. Tax diary for December 2019
31 December 2019
- Filing of revised tax return and payment of the 2nd installment of the 2019 provisional tax.
- Payment of SDC on rents, dividends and interest from sources outside Cyprus for the last six months of 2019.
- Payment of the 3rd installment of premium tax by insurance companies (life business) for 2019.
- Filing CbC Reports for 2018 & CbC Notifications for 2019.
Archive
The previous 2019 Tax Webcasts (with full description) are available below.
You can also find the rest of our archived videos on Youtube.
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 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.