On 30 June 2022, the House of Representatives of Cyprus approved amendments to the tax laws, introducing Transfer Pricing rules and documentation requirements in accordance with recommendations of the OECD on Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations.
The new Transfer Pricing rules and documentation requirements are effective as of 1 January 2022.
In this respect, EY Cyprus is hosting a complimentary 60-minute webinar on 26 July 2022 at 10 AM to present these Transfer Pricing rules, documentation requirements, and Cyprus’ Advance Pricing Agreements (APA) framework.
For detailed information on the new rules, please refer to our tax alert (here) and register to our webinar (here).
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