The Cyprus Tax Department has issued an announcement dated 23 February 2024 regarding the deadline for the submission of the annual income tax return and summary information table (SIT) on controlled transactions in respect of the 2022 tax year. The notice provides that the deadline for the return and the SIT is extended to 30 November 2024. The extension only applies for taxpayers that are required to submit the SIT, which generally includes taxpayers engaged in controlled transactions. The SIT contains high-level information on controlled transactions, such as the identity of the counterparties, their jurisdiction of tax residency, and the...