ARTICLE
12 September 2018

Automatic Extension Of The Due Date For Submission Of Returns And Payments To The Tax Department

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Elias Neocleous & Co LLC

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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
On 5 September 2018 the Tax Department issued an announcement informing taxpayers that in the event that the due date for filing a tax return with the department or paying a tax or other liability ...
Cyprus Tax

On 5 September 2018 the Tax Department issued an announcement informing taxpayers that in the event that the due date for filing a tax return with the department or paying a tax or other liability falls on a Saturday, Sunday, or bank holiday, then the deadline for submission or payment is extended until the next business day. The extension covers all due dates falling under the tax and intracommunity transaction reporting (VIES) legislation. Until now, the Tax Department has issued individual announcements each time a deadline date has fallen on a non-business day.

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