The Cyprus Tax Department issued a notice on 12 February 2025 announcing an extension of the deadlines to submit the annual company income tax return and summary information table (SIT) on controlled transactions in respect of the 2022 tax year. The deadline was previously extended to 28 February 2025, but is now effectively extended to 31 May 2025 with the Tax Commissioner deciding to impose no penalties if submitted by that date. If submitted after 31 May 2025, a penalty of EUR 500 will be imposed for late filing of the SIT and a penalty of EUR 100 will be...