The Tax Department of Cyprus announced about the extension of the deadline for submission of the Income Tax Return for Employees for the tax year 2016. The deadline is extended as follows: - Manual Submission extended to 2 May 2017- Electronic Submission extended to 30 September 2017 It is important to note that the taxpayer is required to settle any…

The Reanda International network is pleased to bring to you the latest issue of PRISM – the quarterly tax newsletter, which is part of Reanda’s effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Please click here to download a digital copy of the 1st quarter 2017…

We are pleased to inform you that the Reanda International Annual Review 2016 has been published. The Reanda International Annual Review 2016 provides an overview of our network's development and performance for the year 2016. The on-line version of the review is available on:http://www.reanda-international.com/regional/en/annual_review.php

On 21 October 2016, the Prime Minister and Minister of Finance, YAB Dato’ Seri Mohd Najib Tun Razak delivered his eighth National Budget speech themed “Ensuring Unity and Economic Growth, Inclusive Prudent Spending, Wellbeing of the People”. Small and medium enterprises (SMEs) have contributed significantly to the economy and growth of Malaysia. In recognition of the contributions, the Government has…

On 28 September 2016 the mutual notifications necessary for the entry into force of the amended Japan- Germany Tax Treaty signed on 17 December 2015 were completed. The new Tax Treaty is applicable since January 2017 and replaces the previous Tax Treaty from 1966. The structure follows generally the OECD Model Tax Convention. What is new? Residency of an individual…

The revised DTAA between Cyprus and India, as announced on November 18, was published in Cyprus’ Gazette on 25 November 2016 and will replace the existing treaty which was concluded back in 1994. No changes have been observed on the withholding tax rates on dividends and interest, which re- main at 10% (some exemptions apply). It is worth noting that…