- The reporting deadline for DAC7 data submission in 2023 has been extended to 16/2/2024.
- DAC7 data submission after 16/02/2024 will be considered overdue.
- Administrative penalties may be imposed for late submissions according to the Administrative Cooperation in the Field of Taxation Law (Amended) of 2023 (N.105(I)/2023).
Source: mof.gov.cy
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
