- Posted February 02, 2015
Cyprus Tax news
Public Interest rate for the year 2015
The Cyprus Tax Department has announced that the public interest rate with respect to overdue taxes is fixed at 4% per annum with effect as of 01 January 2015 onwards.
Therefore, the interest rates relating to settlement of any tax liabilities and tax refunds will be calculated based on the following rates:
| Period | Interest Rate |
|---|---|
| Up to 31/12/2006 | 9% |
| From 01/01/2007 to 31/12/2009 | 8% |
| From 01/01/2010 to 31/12/2010 | 5,35% |
| From 01/01/2011 to 31/12/2012 | 5% |
| From 01/01/2013 to 31/12/2013 | 4,75% |
| From 01/01/2014 to 31/12/2014 | 4,5% |
| From 01/01/2015 onwards | 4% |
Latest News
-
Provisions on Deemed Dividend Distribution
06 Jan, 2020 -
National Health Insurance System - Contributions
06 Feb, 2019 -
New Social Insurance Contributions rates, as from 1 January 2019
24 Dec, 2018 -
Deemed dividend distribution provisions for the tax year 2017
03 Sep, 2017 -
Public Interest rate for the year 2017
02 Feb, 2017 -
Provisional tax for 2016 - 2nd instalment
05 Dec, 2016 -
Double tax treaty between Cyprus and Georgia
15 Oct, 2016 -
Double tax treaty between Cyprus and Bahrain
15 Oct, 2016 -
Double tax treaty between Cyprus and Jersey
22 Sep, 2016 -
Provisional tax for 2016
06 Jul, 2016