Cyprus and Malaysia: DTA negotiations

Malaysia’s Ministry of Finance announced on 27 June 2026 that Malaysia and Switzerland have completed the second round of negotiations to amend the 1974 tax treaty, held from 22 to 25 June 2026. The negotiation is aimed at modernising their

Malaysia has gazetted the Income Tax (Deduction for Employment of Approved Individual) Rules 2026 on 23 June 2026, providing qualifying employers with an additional deduction equal to 50% of remuneration paid to approved individuals for a period not

The Cyprus Tax Department announced on 18 June 2026 that it has activated the TAXISnet System for 2025 Individual Income Tax Return submissions at https://taxisnet.mof.gov.cy. Under Council of Ministers Decree K.D.P. 52/2025, employees,

Malaysia has gazetted the Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules 2026  on 16 June 2026. The Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules 2026

Cyprus has pushed back the filing deadline for 2025 individual income tax returns to 31 October 2026, giving taxpayers extended time to prepare and submit their annual declarations without triggering penalties. The Council of Ministers issued the

The Cyprus Department of Taxation has issued guidance on implementation deadlines for Law 151(I)/2024 on 15 June 2026, which enforces the OECD's global minimum taxation framework across Cyprus. The directive addresses Cypriot constituent entities