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Cyprus Requires Electronic Payment of Taxes from June 2018

|Approved Changes|Cyprus
Cyprus

The Cyprus Tax Department has issued a notice announcing that effective 1 June 2018, certain taxes may only be paid electronically via www.jccsmart.com.cy. This applies for PAYE income tax deducted from salary/wages, provisional and self-assessed income tax and corporate tax, and the special contribution for the Defense of the Republic on interest, dividends, and rents, whether deducted or self-assessed. However, electronic payment does not apply with respect to taxes that bear interest or …

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