Our Tax Department comments on the characteristics and requirements of an arrangement to become reportable for DAC6 purposes under Hallmark E1 and specifically on the use of unilateral safe harbour rules in Cyprus.

Marios Palesis, Partner and Stelios Lympouras, Officer at Kinanis LLC examine the main features of Notional Interest Deduction and identify the benefits it offers and how it interacts to the tax developments.

Christos P. Kinanis and Vicky Papavarnava, present their view and comment on The Defence of Illegality principle, “Ex turpi causa non oritur actio”, as this is currently applicable in Cyprus.

Our Partner, Demetra Constantinou, summarizes the ECJ decision on case C-334/20 (AMPER METAL KFT) regarding the right to deduct input VAT

TAX Update - Amendment to the definition of tax residency for companies and imposition of withholding tax on royalties, dividends and interest to EU blacklisted countries

Our Associate Lawyers, Savvina Miltiadou and Mariza Apostolou, outline the recent amendments to the Companies’ Law regarding Variable Capital Investment Companies and Guarantees