Curacao, Cyprus tax treaty enters force

The Cyprus presidency presented its work programme for the first half of 2026 at the EU Economic and Financial Affairs Council (ECOFIN) meeting on 20 January, outlining its taxation priorities. The Presidency will continue efforts to combat tax

The Cyprus Tax Department has announced, on 15 January 2026, the extension of a zero value-added tax (VAT) rate on a range of essential goods for another year, covering the period from 1 January 2026 to 31 December 2026. The zero VAT rate will

Cyprus has implemented a 5% VAT rate for the construction and renovation of buildings used for VAT-exempt educational purposes, covering both labour and materials under Decree No. 364/2025. This applies to public schools, registered private

The Cyprus Minister of Finance issued a statement on 8 January 2026 regarding the Side-by-Side (SbS) arrangement for the Pillar 2 global minimum tax, recently endorsed by the BEPS Inclusive Framework. The release highlights that, under Council

The Cyprus Tax Department, in an announcement on 7 January 2026, informed taxpayers that the deadline for submitting the VAT return and paying the VAT due for the period ending 30 November 2025, submitting the Recapitulative Statement (VIES) for

The Cyprus parliament passed a major tax reform package on 22 December 2025, introducing  higher corporate taxation, expanded personal tax relief, new rules for crypto-asset income, and strengthened compliance mechanisms, alongside targeted