Questions relating to the completion and submission of the Audited Transactions Abstract Data Desk and the Certificates of High quality Assurance Audit of the Cyprus Audited Transactions Worth Documentation File needs to be despatched to the Affiliation of Licensed Accountants of Cyprus, the Taxation Division states in its announcement.
As defined, as a result of the abstract Data Desk of Managed Transactions for the tax yr 2022 and the Certificates of Conducting High quality Assurance Management of the Cyprus Managed Transaction Worth Documentation File are submitted for the primary time by the “Required Individuals” and since varied questions and considerations come up relating to the completion and its submission, it was determined, in collaboration with SELK, resembling questions arising in relation to the above matter and in regards to the completion and submission of the Data Abstract Desk of Managed Transactions and the Certificates of Conducting a High quality Assurance Management of the Cypriot Worth Documentation File of Managed Transactions (not technical points), to be despatched to SELK.
It’s reported that SELK will proceed to group these questions, which will probably be answered by the Tax Division and can then be posted within the type of questions/solutions (FAQs) on the Division's web site, to counterpoint the thematic part Replace-Continuously Requested Questions –Switch Pricing, during which many questions/solutions have already been posted on the topic.
As defined, relating to the way in which of submitting inquiries to the Affiliation of Licensed Accountants of Cyprus, related steerage will probably be given by SELK itself to its members.
It’s famous that the Division of Taxation and SELK, as a part of coaching on the particular topic, will maintain a joint seminar throughout the second fortnight of June 2024.
Please notice that any queries of a technical nature ought to solely be made to the TFA name heart on 14700.
It’s recalled that November 30, 2024 is the final date for the submission of the Firm Revenue Assertion for the tax yr 2022 by an individual who has the duty to submit the Abstract Desk of Data of Managed Transactions and the abstract Desk of Data of Managed Transactions and the Certificates of Conducting High quality Assurance Management of the Cyprus File of Worth Documentation of Managed Transactions.
