Notional Interest Deduction (NID) – Amendments to the Income Tax Law
Extended deadline for the submission of 2019 personal income tax returns and for the payment of tax
17/06/2020
Παραχώρηση Έκπτωσης επί Νέων Κεφαλαίων (NID) – Τροποποιητικός Νόμος
19/06/2020
Tax News 13/2020
On 5 June 2020, the Cyprus Parliament has voted certain amendments to the NID Tax Law in order to comply with the recommendations of the European Commission. The amending Law (L66(I)/2020) was published on the Official Cyprus Gazette on 16 June 2020.
You can find announcement with the amendments published here
Do not hesitate to contact our firm’s tax department for any further information you may need.
