1 08, 2022

Increased tax deduction for Research and Development expenses

2022-08-11T22:07:08+00:00

Increased tax deduction for Research and Development expenses On 7 July 2022, Article 9(1)(d) of the Cyprus Income Tax (“IT’’) Law was amended to allow a tax deduction for expenditure incurred for scientific research and Research and Development (“R&D”). The said amendments were gazetted in the official Cyprus Government Gazette [...]

Increased tax deduction for Research and Development expenses2022-08-11T22:07:08+00:00
2 08, 2020

Changes on the taxation of intangible assets

2020-08-02T17:40:21+00:00

Changes on the taxation of intangible assets On 17 July 2020, the Cypriot House of Representatives approved a bill amending the Income Tax Law introducing changes with respect to the taxation of intangible assets. The changes relate to all types of capital-nature intangible assets, other than Intellectual Property (“IP”) [...]

Changes on the taxation of intangible assets2020-08-02T17:40:21+00:00
13 03, 2020

Case Study: Disposal of IP

2020-04-13T19:41:51+00:00

Disposal of IP Taking advantage of the Cypriot IP Regime The Issue A Cyprus company was the owner of valuable mobile software (IP) used by millions of users in Central Europe. The IP was owned, managed and exploited via a Cyprus company. Once [...]

Case Study: Disposal of IP2020-04-13T19:41:51+00:00
13 03, 2020

Case Study: Franchise expansion to the US

2020-04-13T19:16:57+00:00

Franchise expansion to the US Taking advantage of the Cyprus-US double tax treaty The Issue Our client is the owner of a multinational restaurant franchise with licensing arrangements and activities in more than 19 countries. He decided to expand the franchise activities to [...]

Case Study: Franchise expansion to the US2020-04-13T19:16:57+00:00
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