Cyprus:
Public Consultation On Proposed Legislation To Implement EU Anti-Tax Avoidance Directive
28 November 2017
Elias Neocleous & Co LLC
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On November 14 2017 the Tax Department opened a public
consultation on proposed legislation to implement the EU Anti-tax
Avoidance Directive (2016/1164/EC), as amended by EU Directive
2017/952, which extends the rules to hybrid mismatches
involving:
- third countries;
- permanent establishments;
- hybrid transfers;
- imported mismatches; and
- dual resident mismatches.
The consultation period will last until December 8 2017. The
consultation documents, which are in Greek, are available on the
Tax Department's website.
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.
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