Cyprus:
FAQ – New Transfer Pricing Legislation - April Edition
19 April 2024
KPMG in Cyprus
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On 3 April 2024, the Cyprus Tax Department released additional
frequently asked questions (FAQs), i.e., 17 –24, with the
purpose of clarifying certain provisions of the Articles 33 and 33C
of the Income Tax Law (ITL), which relate to the adoption of the
Transfer Pricing legislation by Cyprus as from 1 January 2022.
This informational leaflet presents the questions and corresponding
answers as published in the Tax Department website. The FAQs are
expected to be expanded with additional questions in the
future.
FAQ to the New Transfer Pricing Legislation -
April 2024 (kpmg.com)
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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