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12° Nicosia,
21 April, 2024
 

Deloitte’s Tax Facts 2024

Every taxpayer’s essential guide to navigating the tax landscape in Cyprus

Deloitte launches ''Cyprus Tax Facts 2024''. This annual tax guide is an invaluable tool providing comprehensive and detailed information on the Cyprus tax environment to businesses and individuals. 

The tax guide encompasses all the important provisions of tax legislation, incorporating the amendments enacted by the House of Representatives up to the date of its publication, a tax calendar for 2024, as well as an updated list of double tax treaties and information on tax obligations arising from income tax, special contribution for defence, capital gains tax, VAT, the General Healthcare System, and more. In addition, this year’s edition introduces two concise sections on the global minimum tax (Pillar II) and the mandatory disclosure rules for digital platform operators (DAC7).

Deloitte’s tax guide has become an invaluable resource, both for business and individual taxpayers in Cyprus. The provision of taxation services is one of Deloitte’s core offerings, with a holistic range of solutions on Business Tax, Personal Tax, Indirect Tax (including VAT), Global Employer Services (including solutions for High Net Wealth Individuals) and Cross-border Tax. By combining insight and innovation from multiple disciplines with business and industry knowledge, Deloitte helps organisations to lead their business through complexity with confidence.

Antonis Taliotis, Tax & Legal Services Leader at Deloitte Cyprus, emphasises the importance of instant access to up-to-date tax information in today’s ever-evolving landscape: “By consolidating all the necessary information into one comprehensive publication, this annual tax guide equips taxpayers with the knowledge required to comply with their obligations, turning challenges into opportunities.

Deloitte’s Tax Facts 2024 is available in Greek and English at www.deloitte.com/cy/tax-facts-2024.

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