2025-06-04
CYPRUS PARLIAMENT APPROVES DEFENSIVE TAX MEASURES TARGETING LOW TAX AND ‘BLACKLISTED’ JURISDICTIONS
This alert summarizes the introduction of the legislative amendments on taxation of dividends, interest and royalties earned by companies in EU-listed ‘blacklisted’ jurisdictions (BLJs) and low-tax jurisdictions (LTJs), as well as documentation to be kept on payments to overseas associated companies in EU-listed ‘blacklisted’ jurisdictions and low-tax jurisdictions.