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.

Watch the video with Russian subtitles

In this Tax Webcast, we cover the following topics:

1. Local tax developments

1. 1 Tax bills for the new legislative framework on Transfer Pricing

2. International developments

2. 1 Amended Directive on Administrative Cooperation in the field of taxation with regards to tax intermediaries

2. 2 EU Directives on the taxation of digital economy

3. Tax treaties update

3. 1 New Cyprus – UK tax treaty for the avoidance of double taxation

4. Tax Diary for March and April 2018

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.