On 25 October 2024, the Cyprus Tax Department (“CTD”) announced that the Council of Ministers, in its meeting on 24 October 2024, decided to extend the deadline for submitting the 2022 and 2023 Income Tax Returns (“ITR”) for persons obligated to submit the Summary Information Table (“STI”). The announcement will be posted on the CTD website once it has been published in the official Cyprus Gazette.

According to the announcement, the deadlines for submitting the Income Tax Return and the STI will be extended as follows:

– 28 February 2025 for the tax year 2022; and

– 30 November 2025 for the tax year 2023.