On the 26th February, the EU Commission announced its ‘Omnibus’ package, confirming the simplifications to the Carbon Border Adjustment Mechanism…
CHANGES TO THE LEGISLATION On 6 December 2024, the Prevention and Combating of Money Laundering (Amendment) (No. 2) Law of…
Many argue that the European Union (EU) is shifting its environmental policy focus from biodiversity protection to prioritizing climate change…
“Think due diligence guarantees a risk-free deal? Or that it is simply about crunching numbers? Think again – there is…
Extension-to-the-submission-of-the-Income-Tax-Return-for-2023
On 26th of February 2025, the Economics Research Center of the University of Cyprus, presented its proposal regarding the envisaged…
A double materiality assessment (DMA) is the cornerstone for determining a company’s ESG strategy and it is one of the…
Baker Tilly Cyprus Tax Guide 2025 At Baker Tilly Cyprus, we understand the importance of staying informed about the ever-evolving…
We would like to remind you of the deemed dividend distribution (DDD) provisions of the Special Contribution for the Defence…
VAT rules for certain ‘virtual services’ in the EU are about to change. This will affect services such as live-streamed…
On 5 November 2024, ECOFIN (the European Council on Economic and Financial Affairs) adopted the proposal ‘VAT in the Digital…











