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Cyprus Tax Authority issues FAQs on new transfer pricing legislation

|Tax Alerts, National/Federal Taxation, Transfer Pricing, OECD|Cyprus
Cyprus
  • The Cypriot Tax Authority has issued Frequently Asked Questions (FAQs) regarding the new transfer pricing legislation.

  • The Interpretive Circular 3 (dated 30 June 2017) on back-to-back financing arrangements has been revoked with effect as from 1 January 2022, as announced in the Circular issued on 5 January 2023.

  • This Alert summarizes details on the FAQs.

Executive summary

Following the enactment of the transfer pricing legislation,1 the Cypriot Tax Authority has issued a number of FAQs with ef…

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