11
Sep
Amendments to tax treatment of intangible assets
On 17 July 2020, the Income Tax Law was amended with respect to the treatment of intangible assets. The…
read moreSeptember 2020
11
Sep
Anti Tax Avoidance Directive (ATAD) – Hybrid mismathes
On 19 June 2020 the Cyprus Parliament voted into law the remaining provisions of ATAD.
The second measure in addition…
10
Sep
Anti Tax Avoidance Directive (ATAD) – Exit Taxation
On 19 June 2020 the Cyprus Parliament voted into law the remaining provisions of ATAD.
The measures which have been…
10
Sep
Amendments to Notional Interest Deduction (NID)
On 16 June 2020, the NID provisions have been amended as follows:
Reference rate
The reference rate is the yield of…
10
Sep
Tax incentive for reduced rent following COVID-19 outbreak
On 2 June 2020, an amended was voted which provides a tax incentive on rental income for landlords, both…
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10
Sep
Amendments to the Merchant Shipping Law of 2010
On 15 April 2020, the Cyprus Merchant Shipping Law has been amended as follows:
Eligible Ship
The definition of ”Eligible Ship”…