EYCypriot Tax Department announces update of XML Schema for DAC6/MDR submissions
|Tax Alerts, Information Reporting, Legis ...|Cyprus, European Union
On 29 July 2021, the Cypriot Tax Department (CTD) issued an announcement regarding a new XML Schema that enters into force on 5 August 2021. The new XML Schema is for the submission of information on reportable cross-border tax arrangements under the European Union (EU) Directive on the mandatory disclosure and exchange of information (referred to as DAC6 or the Directive).
In particular, the new X…