Cyprus: FAQs on adoption of new transfer pricing legislation

FAQs expected to be expanded with additional questions in the future

April 10, 2024

The Cyprus tax department on 3 April 2023 released additional “frequently asked questions” (FAQs) to clarify certain provisions of the Income Tax Law that relate to the adoption of the transfer pricing legislation by Cyprus from 1 January 2022.

Read an April 2024 report prepared by the KPMG member firm in Cyprus that presents the questions and corresponding answers as published on the tax department website. The FAQs are expected to be expanded with additional questions in the future.

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