The Cyprus Tax Department issued a notice on 29 July 2021 announcing an updated XML schema for DAC6 reporting from 5 August 2021. This was followed by a notice on 30 June 2021 that allowed the continued use of the existing schema until 3 August.
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DAC6 – Directive of the Council of EU on mandatory disclosure and exchange of information on cross-border arrangements.
Updated XML Schema from 5th August 2021
The Tax Department informs that from August 5, 2021, the new XML Schema enters i…