News Archive June 2020

June 26, 2020

Cyprus: Changes in the Rules of Notional Interest Deduction

On June 16, 2020 the Cyprus Government Gazette published amendments to the Cyprus Income Tax Law (ITL) (Law 66 (I)/2020) concerning the rules for deducting conditional interest (notional interest deduction – NID).

June 10, 2020

Cyprus Government continues to actively support business

In Cyprus, the process of gradual lifting of restrictive measures began in May. But Cyprus Government maintains and extends measures to support businesses and citizens.