This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).
The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.
On 30 March 2020, the Cypriot Minister for Finance issued a decree providing relief in response to the COVID-19 pandemic. The decree provides for:
Deadline for submission of tax returns and payment of tax extended
Deferral of VAT payment until 10 November 2020