Cyprus: Tax department announces the commencement of CbC reporting notification

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,

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

In an announcement on 15 June 2026, Cyprus has confirmed its compliance with the EU's global minimum taxation rules under Law 151(I)/2024, following European Commission guidance issued on 29 May 2026 The Cyprus Tax Department has verified that

Hong Kong’s Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of the Republic of Cyprus to China, Ms Koula Sophianou, in Hong Kong on 12 June 2026 and signed on behalf of the Hong

The Cyprus Ministry of Finance announced that Cyprus and Kyrgyzstan signed an income tax treaty on 8 June 2026. The agreement is expected to strengthen economic, trade and investment relations between the two countries by enhancing the tax