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Cyprus Provides Extended Penalty Relief for DAC6 Reporting

|Approved Changes|Cyprus
Cyprus

The Cyprus Tax Department has issued a notice providing an extension of the relief from administrative fines for DAC6 reporting to 30 September 2021 (previously provided to 30 June 2021). A new XML sample file has also been provided.

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DAC6 –Directive of the Council of EU on mandatory disclosure and exchange of information on cross-border arrangements

  1. Extension to the imposition of administrative fines for overdue submission of information
  2. Updated sample XML file with added fields for…

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