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Cyprus Tax Department announcement

The Cyprus Tax Department has announced that it is extending the deadline for the submission of the Income Tax Return for Employees for the tax year 2016 for the electronic submissions via Taxisnet. The deadline has been moved from the 30th June 2017 to the 30 September 2017.

Despite the above, it is important to note that for both hard-copy and electronic submissions, Employees are expected to settle any tax payable for 2016 before or on the 30th June 2017. Any payments which will be made at a later date shall bear interest and penalties.