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No more declarations for payments @ Cyprus , Luxembourg and Seychelles

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Cyprus, Luxembourg and Seychelles were deemend "non-compliant" from December 1st, 2013 until October 29, 2015 by the Global Forum. However, the reporting requirement in respect of persons established in any of these three areas shall apply only if such jurisdiction during the entire taxable period were considered "non - compliant".

This means for instance that a Belgian company with a normal calender year (financial year), will not have to report payments made to Cyprus, Luxembourg and the Seychelles during the period (taxable period) running from January 1, 2015 until December 31, 2015 .

 

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Recent News

Speculation Tax effect on January 1, 2016

Despite a lot of criticism by the State Council, the speculation tax will probably still be implemented as  from January 1, 2016.

No more declarations for payments @ Cyprus , Luxembourg and Seychelles

Cyprus, Luxembourg and Seychelles were deemend "non-compliant" from December 1st, 2013 until October 29, 2015 by the Global Forum.

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