Cyprus: Tax treatment of government grants, benefits (COVID-19)
Interpretative circulars 48 and 49
Other benefits granted by the Ministry of Labour, Welfare and Social Insurance
The tax department issued guidance (interpretative circulars 48 and 49) relating to the tax treatment of government grants made in response to the coronavirus (COVID-19) pandemic and to other benefits granted by the Ministry of Labour, Welfare and Social Insurance.
Read a July 2021 report prepared by the KPMG member firm in Cyprus
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