Cyprus on Transfer Pricing

On 25 October 2024, the Cyprus Tax Department ("CTD") announced that the Council of Ministers, in its meeting on 24 October 2024, decided to extend the deadline for submitting the 2022 and 2023 Income Tax Returns ("ITR") for persons obligated to submit the Table of Summarized Information ("TSI").

The Quality Assurance Audit Certification for the Cyprus Transfer Pricing Documentation File is a mandatory requirement under Cyprus tax law. It ensures that companies...

In an increasingly interconnected global economy, businesses and individuals engage in complex cross-border financial activities that often require a clear understanding of international tax regulations.