On the 4^th of June 2021 the Cyprus Tax Department announced that there will be no imposition of administrative fines to the overdue submission of DAC 6 information as the deadline for the filing of information on reportable cross border arrangements has been further extended to the 30^th of September 2021, the above concerns the following cases,

1. Reportable cross-border arrangements that have been made between 25 June 2018 and 30 June 2020, which had to be submitted by 28 February 2021.

2. Reportable cross-border arrangements that had been made between 1 July2020 and 31 December 2020, which had to be submitted by 31 January 2021.

3. Reportable cross-border arrangements made between 1 January 2021 and 31 August 2021, which had to be submitted within 30 days from the date they were made available for implementation or were ready for implementation or the first step in the implementation has been made, whichever occurred first.

4. Reportable cross-border arrangements for which secondary intermediaries provided aid, assistance or advice, between 1 January 2021 and 31 August 2021, which had to submit information within 30 days beginning on the day after they provided aid, assistance or advice

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