Monthly Archives: November 2018

Implementation of Directive (EU) 2017/1852 of 10 October 2017 on tax dispute resolution mechanisms

The Cyprus Tax Department has published draft legislation to implement Directive (EU) 2017/1852 for consultation. The draft legislation comprises an amending law, which adds two new articles to the Income Tax Law of 2002, and regulations to be issued under the second of those articles. The draft law and regulations replicate the Greek language text

Latest Central Bank of Cyprus investment funds statistics

On 19 November the Central Bank of Cyprus released its latest statistics on Cyprus-based investment funds, produced on the basis of the revised European System of Accounts 2010 and giving information as at 30 September 2018. During the 12 months ended 30 September the number of investment funds increased to 142, compared with 108 at

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