On 10 February 2023, the Cyprus Tax Department released a set of frequently asked questions (FAQs) with the purpose of clarifying certain provisions of the Articles 33 and 33C of the Income Tax Law, 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.
Interested persons are encouraged to read the that was prepared by the dedicated transfer pricing team of ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø in Cyprus and reach out if more information or assistance is needed.
How can ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø assist?
Should you like to further discuss the content of the legislation and potential impact to your business, please contact one of our trusted advisors from the Tax department at ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø in Cyprus.
George Markides
Board Member
Head of Tax Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
Costas Markides
Board Member
International Tax Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
Michael Halios
Board Member
International Tax Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
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Michalis Loizides
Board Member
Tax & Legal Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
Volodymyr Serdechniuk
Senior Manager
Transfer Pricing Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
Michalis Fiakkou
Manager
Transfer Pricing Services
ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Limited
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