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Cyprus Provides Further Penalty Relief for DAC6 Reporting

|Approved Changes|Cyprus
Cyprus

The Cyprus Tax Department has issued a notice announcing a further extension of relief from administrative fines for DAC6 reporting to 30 November 2021 in certain cases. Relief was previously provided to 30 September 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 there will be no imposit…

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