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Searching Content indexed under Wealth & Asset Management by Elias Neocleous & Co LLC ordered by Published Date Descending.
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1
There Is No Such Thing As A Hard Brexit
The IBSA Brexit discussion meeting at Close Brothers Asset Management on Thursday, 30th May, was a fascinating insight into the legal, political and economic consequences of Brexit.
European Union
11 Jun 2019
2
Substantial Reduction Of Non-Performing Loans In The Cyprus Banking Sector
On 11 January 2019 the Central Bank of Cyprus (CBC) published on its website its latest monthly analysis of data on non-performing loans in the Cyprus banking sector ...
Cyprus
21 Jan 2019
3
Submission Of Reports Under The Alternative Investment Fund Managers Directive
Article 3 (Exemptions) and Article 24 (Transparency Requirements) of Directive 2011/61/EU on Alternative Investment Fund Managers require AIFMs ...
Cyprus
7 Jan 2019
4
Central Bank Of Cyprus Guidance On Dealings With Shell Companies
Business relationships with such companies are to be avoided.
Cyprus
13 Dec 2018
5
The Private Client And Private Wealth Review
Despite being among the smallest countries in terms of area and population, Cyprus has developed into one of the world's most important financial and business centres.
Cyprus
13 Nov 2018
6
Mandatory Electronic Tax Payment
The Cyprus Tax Department has issued a further reminder that with effect from 1 June 2018 both interim and final payments of Special Defence Contribution, commonly known as SDC tax...
Cyprus
18 May 2018
7
Cyprus Securities And Exchange Commission Announces New Quarterly Statistical Reporting Procedures
The Cyprus Securities and Exchange Commission ("CySEC") has announced new quarterly statistical reporting procedures for entities it regulates.
Cyprus
25 Apr 2018
8
The European Securities And Markets Authority's Measures In Relation To Marketing, Distribution Or Sale Of Binary Options And Contracts For Difference To Retail Clients
The Cyprus Securities and Exchange Commission has issued an announcement notifying Cyprus Investment Firms of the European Securities and Markets Authority's recent decision to prohibit...
Cyprus
6 Apr 2018
9
Treatment of additional taxes for deemed distribution purposes
Interpretative Circular 13, issued by the Cyprus Tax Department on November 1 2017, clarifies the treatment of the following additional tax imposed under the Assessment and Collection of Taxes Law(1) for the purposes of calculating the deemed dividend distribution for special defence contribution (SDC) tax.
Cyprus
5 Jan 2018
10
Cyprus Tax Round-Up 2017: Part II
As we approach the turn of the year it is an appropriate time to summarize the various changes that have taken place to date in 2017 and look forward to the changes on the horizon.
Cyprus
20 Dec 2017
11
Taxation Of Deemed Benefits On Loans And Advances To Directors And Shareholders
Interpretative Circular 14, issued by the Cyprus Tax Department on 14 November 2017, clarifies the application of article 5(2)(g) of the Income Tax Law, which provides for a deemed benefit...
Cyprus
20 Dec 2017
12
The EU List Of Non-Cooperative Jurisdictions
The EU Economic and Financial Affairs Council, which is made up of the economics and finance ministers of all member states, has approved the EU Commission's recommendations on a unified EU list...
Cyprus
12 Dec 2017
13
Extension Of Accelerated Writing-Down Allowances For Tax Purposes
The Income Tax Law was amended in 2012 to introduce accelerated capital allowances for tax purposes on assets purchased between 2012 and 2014, inclusive.
Cyprus
12 Dec 2017
14
The Private Wealth & Private Client Review - Nov 20, 2017
Alternatively, if VAT is payable on the purchase of the property, no transfer fee is payable at all, provided that the sale agreement is deposited with the Land Registry by 31 December 2016.
Cyprus
24 Nov 2017
15
Public Consultation On Proposed Legislation To Implement The EU Anti-Tax Avoidance Directive
The Cyprus Tax Department has opened a public consultation on proposed legislation to implement EU Directive 2016/1164, the Anti-tax Avoidance Directive, as amended by Directive E2017/952...
Cyprus
21 Nov 2017
16
Consultation On Draft Publication On Taxation Of Benefits In Kind
The Cyprus Tax Department has issued a draft publication on benefits in kind for public consultation.
Cyprus
1 Nov 2017
17
Tax Department Guidance On The 60-Day Tax Residence Provisions For Individuals
The Cyprus Tax Department has issued a circular setting out guidance on the new tax residence provisions for individuals introduced by Law No.119(I)/2017.
Cyprus
25 Oct 2017
18
Process Of Adjustment Of Tax Arrears Law Amended
The Process of Adjustment of Tax Arrears Law 2017 (Law 4(I)/2017) established a procedure for settling tax arrears by monthly instalments.
Cyprus
19 Oct 2017
19
Proposal For New Investment Law
The new law will focus on investments which are deemed to be significant according to predetermined criteria stipulated by the government.
Cyprus
17 Oct 2017
20
Reference Rates For Notional Interest Deduction For Greece, Italy And Kazakhstan
Article 9(B) of the Income Tax Law of 2002 as amended provides for a notional interest deduction for tax purposes on new equity capital (paid-up share capital and share premium)...
Worldwide
28 Sep 2017
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