Cyprus Notes Expected Effective Date of CbC Exchange with the U.S. and Local Filing Obligations

The Cyprus Tax Department issued a notice on 13 October 2022 on the expected effective date of the agreement for the exchange of Country-by-Country (CbC) reports with the United States and local filing obligations.

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Clarification Bilateral Agreement between Cyprus and the United States

The Cyprus Tax Department informs all legal entities and their representatives that the bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country (CbC Reports) between Cypru…