As of February 1, 2024, the Commissioner of Tax announced adjustments to Cyprus Transfer Pricing Thresholds for 2022. Notably, the Finance category threshold increases to €5.000.000 and all others to €1.000.000. Circular 06/2023 remains applicable amidst ongoing legislative discussions.
Change of Cyprus Transfer Pricing Thresholds
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As of February 1, 2024, the Commissioner of Tax announced adjustments to Cyprus Transfer Pricing Thresholds for 2022. Notably, the Finance category threshold increases to €5.000.000 and all others to €1.000.000. Circular 06/2023 remains applicable amidst ongoing legislative discussions.
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