News

BDO Transfer Pricing News Issue 30 - March 2019

VAT Update March 2019 - Brexit and VAT issues

The Cyprus Tax Department has circulated relevant announcements in relation to the effects of Brexit for VIES and Intrastat reporting as well as for the electronic VAT refund claims towards UK.   The United Kingdom submitted on 29 March 2017 the notification of its intention to withdraw from the...

Cyprus VAT Update - New rules for leasing of immovable properties

The Cyprus Tax Authorities have issued circular 229 on 27 December 2018 which sets the new VAT rules which are applicable from 1 January 2019 in relation to VAT treatment on the effective transfer of the right to use an immovable property.As per the new VAT provisions, the long-term leasing of...

BDO Indirect Tax News - Issue 1

 In this issue: Norway Repeal of the tax-free limit on import of goods from 1 January 2020;Bahrain VAT introduced;China VAT invoice compliance and managementLuxembourg VAT grouping regime;United Kingdom No-Deal Brexit plan for customs declarations;United States Beware: Sales tax economic nexus...

BDO World Wide Tax News - Issue 50

In this edition: •    OECD proposals for global digital tax reform and global minimum tax •    Argentina tax reform developments •    Australia to introduce flow through taxation for Corporate Collective Investment Vehicles; •    Ireland Finance Act 2018 and international tax strategy; and •...

BDO Horizons 2019 - Issue 1

'Horizons is BDO’s global mid-market M&A review. Published every quarter, its articles are authored by more than 20 BDO M&A specialists, providing invaluable insights into where investment is flowing and showcasing global deal activity. With topics ranging across regions and industry sectors...

Tax Update January 2019 - National Health Scheme (NHS) Social Insurance Rates

 National Health Scheme (NHS) introduction Effective from 1 March 2019 the National Health Scheme contributions are introduced for employers, employees and self employed persons as well as for persons receiving other forms of income. The relevant rates of contribution are stated below...

Tax Update January 2019 - Clarification Circular issue 31

The Tax Department has recently issued the clarification circular 31 (in continuation to circulars 2017/4 and circular 17 issued in the past) in respect to the provisions of article 8(23) of the Income Tax Law. More specifically, the circular clarifies that for the purposes of the application...

Cyprus Tax Facts 2019

This tax publication has been written in general terms and should be seen as broad guidance only. The publication cannot be relied upon to cover specific situations and you should not act, or refrain from acting, upon the information contained herein without obtaining specific professional advice...