Cypriot Tax Department announces update of XML Schema for DAC6/MDR submissions

On 29 July 2021, the Cypriot Tax Department (CTD) issued an announcement regarding a new XML Schema that enters into force on 5 August 2021. The new XML Schema is for the submission of information on reportable cross-border tax arrangements under the European Union (EU) Directive on the mandatory disclosure and exchange of information (referred to as DAC6 or the Directive).
In particular, the new X…
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