The Cyprus Tax Department has announced the issuance of Decree KDP 438/2021 for the implementation and regulation of issues relating to the DAC6 Directive (EU Council Directive 2018/822). The Decree, currently only available Greek, provides guidance/clarification regarding participants in a reportable arrangement, intermediaries, application of the main benefits test and hallmarks, the liability to report information in Cyprus for relevant taxpayers and intermediaries, the information to be…