KNOWLEDGE
Recent EU Corporate Tax Proposals and their possible impact on the Cyprus Tax System
In this newsletter, we examine the legislative tax proposals which are still in the pipelines. These are the proposed Unshell Directive, the proposed Directive on Faster and Safer Relief of Excess Withholding Taxes, the proposed BEFIT Directive (Business in Europe: Framework for Income Taxation), the proposed Transfer Pricing Directive and the proposed Directive on Head Office Tax.
Seminar on Recent Developments in EU Tax Law, Taxpayers’ Rights and the Impact on Cyprus
NEWSLETTER by Professor Christiana HJI Panayi, Special Counsel for Tax On 30th November 2023, Ioannides Demetriou LLC & Nobel Trust Ltd organised a seminar entitled
EU NIS2 Directive on Cybersecurity
The date of implementation of the EU NIS2 Directive on Cybersecurity is fast approaching! In an effort aimed at strengthening cybersecurity across the EU this
Expert Witnesses under the New Civil Procedure Rules
The new Civil Procedure Rules, which have entered into force on the 1st of September 2023, have brought about monumental changes in the way in which cases will be heard before the Cypriot Courts.
Winding-up vs Striking-off
Under the current legal framework, there are various ways by which a company may cease to exist: voluntary winding-up, compulsory winding-up, winding-up under court supervision, striking off. The process and consequences of each of these methods are briefly analysed herein.
THE IMPACT OF EU LAW ON THE CYPRUS CORPORATE TAX SYSTEM
For an effective tax planning strategy, businesses in Cyprus need to be fully aware of the concepts of taxation on a European level and how they affect Cyprus at present and how they may affect it going forward. An informed overview as a first step to gaining such an understanding.
Cyprus New Pre-Action Protocols: A mere formality or a substantive change of mentality?
New Rules introduce certain Pre-Action Protocols that the parties are expected to follow before the initiation of legal proceedings before the Court.
BIM and the Cypriot construction industry, a construction lawyer’s perspective
BIM, which is the acronym for Building Information Modelling is not new. In fact, BIM as a concept was first developed in the 1970s. The acronym BIM crept into existence sometime in the late 1980s and the protogenic BIM software, albeit quite limited in its functions, was first issued in the mid 1990s. Nowadays, the technology has progressed to such an efficiency that most developed construction markets, irrespective of location, have shifted to BIM.
