Cyprus: Consultation on “tax reform” legislation package; new digital tax services

Reports on recent tax developments

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July 25, 2025

The KPMG member firm in Cyprus prepared reports on the following tax developments:

  • The Ministry of Finance published the following six tax-related bills for public consultation (with comments requested by August 25, 2025):
    • Law amending the Income Tax Laws
    • Law amending the Special Contribution for the Defense of the Republic Laws
    • Law amending the Capital Gains Tax Laws
    • Law amending the Assessment and Collection of Taxes Laws
    • Law amending the Tax Collection Laws
    • Law amending the Stamp Duty Laws
  • The tax department, as part of the transition to the new information system Tax For All (TFA), is launching new digital service channels for citizens and businesses.

Read a July 2025 report prepared by the KPMG member firm in Cyprus

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