1. Local tax developments

1.1 Extension of the self-assessment obligation

1.2 Developments from the Cyprus Tax Department

1.3 Immovable property tax updates

1.4 Change in the public interest rate

2. Tax treaties update

2.1 Tax treaties effective from 1 January 2015

  • For a full list of tax treaties see our publication " Cyprus Tax Facts 2015" (Pages 27-31 of the English version or 29-34 of the Greek version).

2.2 Tax treaty signed during the first quarter of 2015

3. International tax events

3.1 Russian Deoffshorization Law

  • Overview
  • Summary of major changes
  • For a copy of the November Tax Alert on the Russian "deoffshorization" measures, click here. Tax Alert on the proposed changes to these measures, issued on 24 March 2015 can be found here.

3.2 BEPS update

  • Overview
  • 2014 deliverables
  • Latest developments
  • 2015 deliverables
  • Progress made
  • For official documents and Deloitte comments on BEPS, visit BEPS Central and/or www.beps.tax.
  • For more on BEPS, read World Tax Advisor, with a "BEPS corner" in the first issue of each month.

4. Our contacts

4.1 Tax management team

  • To access the contact details of our Tax management team please visit our Tax Services page.

4.2 Russia & CIS Desk in Cyprus

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.