Cyprus-India tax treaty entered into force

The European Commission issued reasoned opinions to Belgium, Bulgaria, and Cyprus for failing to fully transpose Directive (EU) 2025/872 (DAC9), which establishes rules for the filing and exchange of GloBE Information Returns (top-up tax information

Cyprus and Sweden signed an amending protocol to their income tax treaty on 3 July 2026 in Lefkosia, with Cyprus Minister of Finance Makis Keravnos and Swedish Ambassador Martin Hagström serving as signatories. The protocol marks the first revision

India's Finance Ministry recalibrated its windfall gains tax on fuel exports through a revised notification on 1 July 2026, signalling a shift in its fiscal approach to petroleum product shipments. The adjustments, which took effect on 1 July

Cyprus has ratified the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA), with the ratification published in the Official Gazette on 26 June 2026. Having signed the agreement on 12 May 2026, Cyprus joins

Cyprus has ratified the income tax treaty with Kyrgyzstan, with the ratification published in the Official Gazette on 26 June 2026. Signed on 8 June 2026, the agreement is expected to strengthen economic, trade, and investment ties between the

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,