Cyprus Provides Effective Extension with Penalty Relief for DAC6 Reporting

The Cyprus Tax Department has issued a notice announcing that no administrative fines will be imposed for DAC6 submissions made by 30 June 2021.
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DAC6 –Directive of the Council of EU on mandatory disclosure and exchange of information on cross-border arrangements
Extension to the imposition of administrative fines for overdue submission of information
The Tax Department informs that…
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