Personal Taxes

Exemption of pure individuals from the duty to file an earnings tax return for 2020 – tax

Cyprus:

Exemption of natural persons from the obligation to submit an income tax return for the year 2020

August 04, 2021

Ernst & Young Cyprus Ltd

To print this article, all you need to do is register or log in to Mondaq.com.

In exercising the powers conferred on it by the Law on Assessment and Collection of Taxes, the Council of Ministers issued an ordinance (no.

The aforementioned regulation was issued due to amendments to the Law on Assessment and Collection of Taxes, published in the Official Gazette of the Republic on August 20, 2020, according to which all natural persons are required to file a personal income tax return from 2020, subject to one from the Council of Ministers decree to be issued that may provide for conditions for an exception.

The content of this article is intended to provide general guidance on the subject. Expert advice should be sought regarding your specific circumstances.

POPULAR ARTICLES ON: Tax from Cyprus

Registration of self-service accommodation

Vrikis & Kouppi LLC

On July 19, 2021, the Ministry of Tourism announced the initiation of the procedure for submitting applications for the registration of premises (villas, residences, apartments) in the register of self-service accommodations.

Related Articles