The Notional Interest Deduction (NID) with retrospective effect as from 1st January 2020 rules have been amended by the Cyprus Income Tax (Amending) Law 66(I)/2020. The new Law provisions that the NID Reference Rate is defined as the interest rate of the 10 year government bond yield of the country in which the new equity […]

We are proud to announce that Yiallourides & Partners LTD has established an association with TPAC LTD a company specialising in transfer pricing studies (TPS), with Mr. Panikos N. Tsiailis FCCA as the managing director. TPAC will be working in close cooperation with our tax team. To read the full announcement, please click here.

The following must be applied ONLY by those Companies that have been notified by the Authorities through TAXISnet. Change of Tax period The next tax period ends on 31st March 2020 and then after every calendar month until 30th June 2020. The filling day of the VAT Return will be the 27th day following the […]