Switzerland- Cyprus: Swiss parliament approves the treaty

Switzerland and the United Kingdom have concluded negotiations on a modernised free trade agreement, Swiss President Guy Parmelin and UK Secretary of State for Business and Trade Peter Kyle announced during a meeting in Bern on 13 July. The

Cyprus residents and companies earning non-salary income must pay provisional tax for 2026. The first instalment is due 31 July 2026, with an extended deadline of 31 August 2026 for those using online banking. Companies and individuals reporting

Cyprus released Decree No. 272/2026 on 26 June 2026 to incorporate OECD materials released after the country's own Pillar Two legislation took effect. The new decree recognises five key OECD documents: the January 2025 Administrative Guidance,

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

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