The Cyprus Tax Department has published a notice dated 25 November 2025 on the expected effective date of the agreement for the exchange of Country-by-Country (CbC) reports with the United States and local filing obligations. Note that Cyprus has issued similar notices near the end of each year since negotiations for a CbC report exchange agreement began with the United States in 2019.
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Clarification on the Bilateral Agreement between Cyprus and the United States for the exchange of Co…