On 27 July 2020, the tax authority of Cyprus issued a notice declaring an initial deferral of DAC6 reporting on cross-border arrangements.
The submission of DAC6 information in Cyprus is extended as information on reportable arrangements carried out between 25 June 2018 and 30 June 2020 is due by 28 February 2021 and arrangements carried out between 1 July 2020 and 31 December 2020 is due within 30 days starting from 1 January 2021.
Information on reportable arrangements carried out from 1 January 2021 onwards is due within 30 days from the date an arrangement becomes available for implementation, it is ready for implementation, or the first step towards its implementation is taken, whichever occurs first. The first periodic report on marketable arrangements is due by 30 April 2021.
