English (United Kingdom)

In continuation of the meeting of the Social Insurance Fund on the 27th of October, it is announced that the increase in the “widow’s pension contribution”, which stands at 0.1% and was incorporated into the 0.6% rate, does not need to be taken into account.

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The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 17 October 2023 and as result, the British Virgin Islands (BVI) has been removed from its list of non-cooperative jurisdictions for tax purposes as it has amended its framework on exchange of information on request and other 4 countries have been included namely Belize, Seychelles, Antigua and Barbuda.

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The Belize Companies Act, 2022 (the Act) was successfully revised on July 13th, 2023, with the aim of strengthening the clauses relating to directorships, shareholders, and beneficial owners.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023