Implementation of the EU Anti Tax Avoidance Directive in Cyprus

Baker Tilly Cyprus

The Tax Department has presented a discussion draft of a bill to amend the Cypriot tax laws for the purposes of introducing in these laws with the provisions of the EU Anti - Tax Avoidance Directive (“ATAD”), which was approved by the EU Commission in 2016. The Tax Department invited comments from interested parties in order to finalise these changes. 

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