Recent tax developments were at the forefront of a briefing event organised by KPMG Cyprus on 26 January, at the 'Attikon' venue in Paphos, focusing on the recent tax reform.
During the event, key changes introduced by the new tax framework and their implications for businesses were presented, aiming to support organisations in understanding and preparing for the evolving tax landscape. The event featured valuable contributions from a representative of the Tax Department, alongside KPMG in Cyprus tax professionals, who provided targeted analysis and practical guidance, while addressing participants’ questions.
The event highlighted the importance of timely, reliable information on tax developments and fostered constructive dialogue between the business community and relevant authorities.
Commenting on the event, Tassos Yiasemidis, Board Member, Head of Global Compliance Management Services, KPMG in Cyprus, stated, “In an increasingly dynamic tax environment, timely and meaningful updates are essential for informed decision-making. Through initiatives like this, our aim is to actively support businesses by offering clarity on regulatory changes and practical guidance to help them adapt effectively.”
