On 16 September 2026, Deloitte Cyprus reminded multinational enterprise (MNE) groups of the upcoming Country-by-Country (CbC) reporting deadlines in Cyprus. The submission deadline is 31 December 2026 for two distinct obligations: (1) CbC Reports for the 2025 reporting fiscal year, applicable to MNE groups with a year-end of 31 December 2025; and (2) CbC Notifications for the 2026 reporting fiscal year, applicable to MNE groups with a year-end of 31 December 2026. These obligations arise under the OECD BEPS Action 13 framework as implemented in Cyprus domestic law. Timely and accurate filing is essential to avoid penalties. Groups should ensure they have the necessary financial data (revenue, profit, tax paid, employees) per jurisdiction ready for submission through the designated filing portal.
Key Takeaways
- CbC Reports for FY2025 due by 31 December 2026 for groups with 31 December 2025 year-end.
- CbC Notifications for FY2026 due by the same date for groups with 31 December 2026 year-end.
- Data preparation: Compile accurate revenue, profit, tax, and employee data per jurisdiction; use the official filing portal for submission.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement