ΠΕΡΙΓΡΑΦΗ

Kinanis Academy is pleased to present this intensive two-day programme, designed to familiarise participants with the fundamentals of the Cyprus tax system, with a particular focus on the taxation of companies in Cyprus. 

The programme provides a clear, structured, and practical overview of Cyprus corporate taxation, explained through an easy-to-follow methodology and supported by numerous practical examples and case studies. The aim is to simplify complex tax concepts and equip participants with a solid understanding of the key principles governing the taxation of Cyprus companies. 

This seminar is particularly suitable for lawyers, corporate service providers, accountants, bankers, and other professionals who do not regularly deal with tax matters but wish to develop a sound working knowledge of the Cyprus corporate tax framework. It is also an excellent foundation for professionals seeking to better understand the tax implications of corporate transactions and day-to-day business operations. 

• DAY 1 - TAXATION OF INCOME AND THE TAX TREATMENT OF EXPENSES AND LOSSES 
• DAY 2- DEALINGS WITH LOW TAX OR BLACKLISTED JURISDICTIONS, SPECIAL FEATURES (IP BOX AND TONNAGE TAX), INTERNATIONAL TAXATION

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

PART I:

I. FUNDAMENTAL PRINCIPLES (1 Hr)

1. THE TAX EQUATION
2. APPLICABLE TAX LAWS
3. MANAGEMENT AND CONTROL AND CYPRUS SOURCE INCOME

II. TAXATION OF INCOME (2 Hrs)

1. BUSINESS INCOME
2. DIVIDEND INCOME
3. PROFIT FROM SALE OF TITLES
4. INTEREST INCOME
5. ROYALTY INCOME
6. THE ARMS LENGTH PRINCIPLE
7. WAIVED PAYABLES

PART II:

I. TAX TREATMENT OF EXPENSES AND LOSSES (2 Hrs and 30 Min)

1. TAX DEDUCTIBLE EXPENSES
2. TAX TREATMENT OF INTEREST EXPENSE
3. NOTIONAL INTEREST DEDUCTION
4. BAD DEBTS/WAIVED RECEIVABLES
5. TAX LOSSES
6. GROUP RELIEF
7. TAX CREDITS

II. TAX COMPLIANCE (30 Min)

1. SUBMISSION OF TAX RETURNS
2. TEMPORARY TAX DECLARATIONS

PART III:

I. SPECIAL FEATURES (1 Hr and 30 Min)

1. IP BOX REGIME
2. TONNAGE TAX

II. INTERNATIONAL TAXATION (1 Hr and 30 Min)

1. INTRODUCTION TO INTERNATIONAL TAXATION
2. WITHHOLDING TAXES
3. DOUBLE TAX TREATIES
4. THE PARENT SUBSIDIARY DIRECTIVE
5. THE INTEREST AND ROYALTIES DIRECTIVE