Requirements to Transfer Pricing Documentation in Cyprus

18 Jul 2022

On 30th June 2022, the Cyprus Parliament approved the amendments to the Cyprus Income Tax Law (118(I)/2002) through introduction of New Regulations for Transfer Pricing (“TP”) mandatory documentation requirements and compliance obligations, which enhance the compliance under the mandate set out by OECD TP Guidelines (as amended).

The following provisions are effective from 1st January 2022.

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