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According to the Cyprus Gazette, on November 2, 2020, the Cyprus Parliament, voted an extension to the VAT tax payment to payers were originally given the right to defer VAT payments up until November 10, 2020 for VAT periods ending 29/02, 31/03 and 30/04/2020. Based on the announcement Ν.147(Ι)/2020 , VAT payments for the above periods can be made in six equal installments starting from November 10th, 2020 to April 10th, 2021.

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The Cyprus Tax Department, announced that the deadline for submission of the tax return 2019 and payment of the final tax due is extended from October 31 to November 30, 2020

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Based on the global standards on fair taxation and anti-money laundering promoted by the Financial Action Task Force (FATF), Caribbean Financial Action Task Force (CFATF), Organization of Economic Cooperation Development (OECD), and the European Union (EU), Belize has adopted the Economic Substance Act, 2019 (“ESA”) to ensure improved provisions for substantial economic presence to be fulfilled by certain commercial entities (‘entity’) that are registered and conduct business in Belize.

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CYPRUS TAX CALENDAR 2020 IN ENGLISH & GREEK