SDC in the Crosshairs: Special Defence Contribution and Other Provisions
The Tsielepis Tax Academy continues its series of direct tax seminars with a highly anticipated morning seminar on the Special Defence Contribution (SDC), and related provisions.
The seminar will cover most of the provisions included in the Law relating to dividend income, passive interest income and rental income as well as to other provisions such us withholding obligations, liquidations, transfer of assets to the shareholders or directors and capital reductions.
The seminar is targeted towards accountants of all levels, auditors, bookkeepers, tax consultants, tax lawyers, CFOs and other professionals who deal with the special contribution for defence provisions.
Agenda
Welcome Address
Nicolas Papapanayiotou – Instructor
- Domicility
- Dividend Income and Deemed Distribution Provisions
- 4 Years Rule
- Liquidation of companies
Coffee Break
- Passive Interest Income
- Rental income
- Transfer of Assets to shareholders/directors
- Capital Reduction
End of Seminar
Agenda
Welcome Address
Nicolas Papapanayiotou – Instructor
- Domicility
- Dividend Income and Deemed Distribution Provisions
- 4 Years Rule
- Liquidation of companies
Coffee Break
- Passive Interest Income
- Rental income
- Transfer of Assets to shareholders/directors
- Capital Reduction
End of Seminar
The Instructor
Nicolas Papapanayiotou, BSc, MBA, FCCA
Director, Head of Taxation
Costas Tsielepis & Co Ltd
E-mail: [email protected]
Nicolas specializes in direct tax and is now widely considered as one the leading tax advisors on the island. His solid practical and teaching experience of Cyprus’ tax legislation and its applications position him uniquely to lead the Tsielepis Tax Academy.
Nicolas was the principal lecturer of GlobalTraining, the professional training arm of the University of Nicosia in Limassol from 2016 until June 2024 lecturing the principles of Advanced Taxation to ACCA students.
ACADEMIC & PROFESSIONAL QUALIFICATIONS
Nicolas graduated from the University of Hull where he received a Bachelor of Science Degree (BSc) in Economics and Accounting. He also received a Master of Business Administration (MBA) in Financial Management. Nicolas qualified with the Tax Department of Deloitte Ltd, Cyprus.
He is a Fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC).
PROFESSIONAL BACKGROUND
Nicolas is a seasoned tax advisor specialised in corporate and personal taxation. He has over 18 years of solid experience in the fields of national and international tax advisory and compliance.
He has been involved in a number of international corporate restructuring projects and has extensive experience in tax due diligence and international tax planning using Cyprus.
Nicolas serves a range of industries, including energy, shipping, financial services, investment and banking as well as high net worth individuals and frequently represents clients before the Cyprus Tax Department in tax appeals and disputes relating to the interpretation of tax laws.
PUBLICATIONS
He is an author of various articles, reports and presentations on Cyprus tax law and on the implementation of EU Directives. Nicolas is also an author for the International Bureau of Fiscal Documentation (IBFD) the world’s foremost authority on cross-border taxation, the home of international taxation.
Who Should Attend?
When, Where & How Much?
Limassol
Friday, 25 April 2025, Columbia Plaza Venue Centre
9:00am – 1:30pm
4 CPD Units (certificates of attendance will be provided)
€130 + VAT
Group Discount (for 3 persons or more): 15%
(All Group participants must be submitted in a single Registration. Multiple registration submissions from the same Group will not be granted the Group Discount.)
English