3 02, 2024

Revised thresholds for transfer pricing documentation

2024-02-03T21:40:45+00:00

Revised thresholds for transfer pricing documentation On February 1, 2024, the Cyprus Tax Department announced significant updates to the compliance obligations regarding the preparation of the Cyprus Local File for intercompany transactions. These changes, specifically targeting the thresholds that dictate the necessity for such documentation, pertain to Section 33 [...]

Revised thresholds for transfer pricing documentation2024-02-03T21:40:45+00:00
17 07, 2022

Introduction of Transfer Pricing Regulations in Cyprus

2022-12-17T11:54:10+00:00

Introduction of Transfer Pricing Regulations in Cyprus In June 2022, the Cyprus Parliament approved amendments to the Income Tax Law that introduced detailed Transfer Pricing (TP) requirements into the country's tax legislation. These provisions, which are in line with the recommendations of the OECD's Transfer Pricing Guidelines for Multinational [...]

Introduction of Transfer Pricing Regulations in Cyprus2022-12-17T11:54:10+00:00
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