07 Mar Tax Alert | Cyprus Transfer Pricing Reform 2026
In December 2025, the House of Representatives of Cyprus approved amendments to the Income Tax Law of 2002 (Article 33) as part of a broader tax reform initiative. The amendments were published in the Official Gazette on 31 December 2025 and became effective from 1 January 2026.
The reform introduces important changes to Cyprus Transfer Pricing documentation requirements, primarily through an increase in the Local File thresholds and an updated definition of connected persons.
These changes may significantly affect the transfer pricing compliance obligations of Cyprus companies engaged in intra-group transactions and cross-border group structures.
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