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Posted in News, News for Cyprus
Cyprus Tax News: Primary Residence – VAT update
The House of Representatives recently voted on amendments in connection to the 50% exemption from income tax on the employment related remuneration subject to conditions. The amendments have retroactive effect as from 1 January 2022 and are listed below…
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Posted in News, News for Cyprus, News for Greece
M&A and PE Market Trends Europe: 1st Semester
Target M&A hit a 10-year low, dropping by 49% compared to 2022 levels. After a challenging start, the upcoming quarters are projected to witness a surge in the volume and number of deals globally, surpassing 2022 figures. Industrials and technology sectors are on the rise, becoming hotspots for mergers and acquisitions.
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Posted in News, News for Cyprus, News for Greece
A guide to enforcing foreign court judgments across various Jurisdictions – Newsletter | July 2023 Edition
The ultimate purpose of any litigation or alternative dispute resolution procedure is obtaining an enforceable decision (award). Based on this premise, our chosen topic covers the most common issues typically arising in the course of enforcing domestic judicial decisions in other jurisdictions.
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Posted in News, News for Cyprus, News for Greece
The Andersen Legal Briefing: Volume 3 – The Metaverse Issue
The third issue of the Andersen Legal Magazine, “The Andersen Legal Briefing” is now available online. The Metaverse and AI issue. Our team of experts provides insightful analysis and commentary on the legal challenges and opportunities that arise in the metaverse…
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Posted in News, News for Greece, TAX SERVICES
Special Real Estate Tax: Documentation and exemptions
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Cyprus
Cyprus Tax News: Primary Residence – VAT update
An amendment to Cyprus VAT Law provides the new legislative framework for 5% Value Added Tax (VAT) rate on the acquisition and/or construction of a primary residence in Cyprus.
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Posted in News, News for Greece, TAX SERVICES
The change of tax residence and the decisions of the Supreme Court
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Cyprus, News for Greece
Webinar: June 27, 2023: Electronic Invoicing – Revolutionizing Business Transactions
Join us! Webinar: Navigating VAT reforms and e-invoicing challenges
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Posted in News, News for Greece, TAX SERVICES
Alternative taxation of income of natural persons following transfer of tax residence
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Cyprus
Zero-Rated Value-Added Tax (VAT) on certain consumer goods
An amendment to the Cyprus VAT Law imposes a zero (0%) VAT rate up to 31 October 2023 for the below goods: bread, milk, eggs, baby foods, baby diapers, feminine hygiene products, adult diaper.
