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Deadline for the electronic submission of Special Defence Contribution and General Healthcare System contribution withheld on interest and dividend payments
The Cyprus Tax Department announced on 4 May 2021 the electronic submission of tax forms TD602 and TD603, which relate to the payment of interest and dividends made in the period from 1 January 2019 until 31 December 2021, must be made by 31 January 2022 through the Taxisnet portal.
The electronic submission of the forms TD602 and TD603 is obligatory for any taxpayer who has or had the obligation to withhold SDC and GHS contributions on interest/dividends declared from 1 January 2019 onwards.
If the submission is not made on time penalties will be incurred.
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