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An A – Z Guide to PAYE & TD7 The Tsielepis Tax Academy sets off its Fall Academic Calendar with an all-new seminar on Pay As You Earn (PAYE) and the electronic submission of the employers’ declaration of withholding tax and contributions, Form TD7.The seminar will cover all the direct tax aspects relating to payroll, starting from the tax registration of employees, completion and submission of Form TD59, issuance of Certificates of Emoluments TD63 and the completion and submission of the monthly and annual TD7 (formerly known as IR7).The seminar is targeted towards accountants of all levels, bookkeepers, auditors, tax consultants, tax lawyers and other professionals who deal with PAYE and TD7. Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:15am Registration of individuals with the Tax DepartmentForm TD59Form TD63 11:15am – 11:45am Coffee Break 11:45am – 1:30pm Analysis of Q&A issued by the Tax DepartmentCompletion and submission of monthly and annual TD7 1:30pm End of Seminar Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:15am Registration of individuals with the Tax DepartmentForm TD59Form TD63 11:15am – 11:45am Coffee Break 11:45am – 1:30pm Analysis of Q&A issued by the Tax DepartmentCompletion and submission of monthly and annual TD7 1:30pm End of Seminar The Instructor Nicolas Papapanayiotou, BSc, MBA, FCCADirector, Head of TaxationCostas Tsielepis & Co LtdE-mail: [email protected] 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 QUALIFICATIONSNicolas 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 BACKGROUNDNicolas 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.PUBLICATIONSHe 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…

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 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:15am DomicilityDividend Income and Deemed Distribution Provisions4 Years RuleLiquidation of companies 11:15am – 11:45am Coffee Break 11:45am – 1:30pm Passive Interest IncomeRental incomeTransfer of Assets to shareholders/directorsCapital Reduction 1:30pm End of Seminar Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:15am DomicilityDividend Income and Deemed Distribution Provisions4 Years RuleLiquidation of companies 11:15am – 11:45am Coffee Break 11:45am – 1:30pm Passive Interest IncomeRental incomeTransfer of Assets to shareholders/directorsCapital Reduction 1:30pm End of Seminar The Instructor Nicolas Papapanayiotou, BSc, MBA, FCCADirector, Head of TaxationCostas Tsielepis & Co LtdE-mail: [email protected] 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 QUALIFICATIONSNicolas 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 BACKGROUNDNicolas 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.…

ΑΜΕΣΗ ΚΑΙ ΕΜΜΕΣΗ ΦΟΡΟΛΟΓΙΑ ΣΤΑ ΑΚΙΝΗΤΑ: ΜΙΑ ΟΛΙΣΤΙΚΗ ΠΡΟΣΕΓΓΙΣΗ Η Tsielepis Tax Academy και η Chelco VAT International Academy ενώνουν δυνάμεις για να σας μεταφέρουν μια ολιστική ανάλυση των διατάξεων για την φορολογία ακίνητης περιουσίας.Για πρώτη φορά μαζί, ο Αλέξης Τσιελεπής, Παναγιώτης Ιωνά και Νικόλας Παπαπαναγιώτου θα παραδώσουν ένα ολοήμερο σεμινάριο σε Λεμεσό, Λάρνακα και Λευκωσία επεξηγώντας και αναλύοντας εις βάθος όλες τις φορολογίες που αφορούν στην αγορά, πώληση και γενικά την εκμετάλλευση ακίνητης περιουσίας στην Κύπρο.Μέσω δεκάδων απτών παραδειγμάτων και λαμβάνοντας υπόψη όλες τις πρόσφατες νομοθετικές και νομολογιακές μεταβολές και εξελίξεις, οι τρεις ειδικοί θα προσεγγίσουν μαζί τα ακόλουθα, και όχι μόνο:«Καινούργια» ακίνητα και επιβολή φορολογιώνΠώληση και μεταπώληση (1η και 2η πράξη) - Ακυρωτική συμφωνία (cancellation agreement) vs συμφωνία εκχώρησης (assignment agreement)Αντιπαροχή με ολόκληρη ή μερική μεταβίβασηΑνταλλαγήΠώληση μετοχών εταιρείας η οποία κατέχει ακίνητη ιδιοκτησίαΜίσθωση ακίνητης ιδιοκτησίαςΦορολόγηση στα ενοίκια και χρήση ακινήτων ως τουριστικά καταλύματαΤο σεμινάριο απευθύνεται σε όλους τους επαγγελματίες που χειρίζονται συναλλαγές που αφορούν ακίνητη ιδιοκτησία. Πρόγραμμα 8:30π.μ. – 9:00π.μ. Προσέλευση, Εγγραφές & Καφές 9:00π.μ. – 9:10π.μ. Χαιρετισμός 9:10π.μ. – 11:00π.μ. Καινούργια ακίνηταΠρώτη κατοικίαΕμπορικά ακίνηταΑκίνητα μικτής χρήσης 11:00π.μ. – 11:30π.μ. Διάλειμμα 11:30π.μ. – 1:00μ.μ. ΑνταλλαγέςΑντιπαροχές 1:00μ.μ. – 2:00μ.μ. Μεσημεριανό 2:00μ.μ. – 3:30μ.μ. Διάθεση ακινήτου: Ακύρωση και μεταπώληση ή εκχώρηση δικαιωμάτων πωλητήριου εγγράφουΣυναλλαγές Μετοχών 3:30μ.μ. – 4:00μ.μ. Διάλειμμα 4:00μ.μ. – 5:30μ.μ. Συναλλαγές μίσθωσηςΣυναλλαγές δικαιώματος χρήσηςΣυναλλαγές μίσθωσης οικιστικών μονάδων, μακροπρόθεσμη VS βραχυπρόθεσμη μίσθωσηΕρωτήσεις και Συζήτηση 5:30μ.μ. Τέλος Σεμιναρίου Εκπαιδευτές Νικόλας Παπαπαναγιώτου BSc, MBA, FCCA Σύμβουλος, Επικεφαλής Τμήμ. Φορολογίας Costas Tsielepis & Co Ltd Νικόλας Παπαπαναγιώτου BSc, MBA, FCCA Σύμβουλος, Επικεφαλής Τμήματος Φορολογίας Costas Tsielepis & Co Ltd Ο Νικόλας ειδικεύεται στην άμεση φορολογία και θεωρείται πλέον ευρέως ως ένας από τους κορυφαίους φορολογικούς συμβούλους στο νησί. Ο Νικόλας είναι κάτοχος πτυχίου BSc στα Οικονομικά και τη Λογιστική και πτυχίου MBA στη Χρηματοοικονομική Διοίκηση από το Πανεπιστήμιο του Hull, του Ηνωμένου Βασιλείου. Είναι Fellow Chartered Certified Accountant (FCCA) και μέλος του Συνδέσμου Εγκεκριμένων Λογιστών Κύπρου (ΣΕΛΚ). Διαθέτει 20 χρόνια εμπειρίας στην φορολογία, πρώτα με το φορολογικό τμήμα της Deloitte Κύπρου και μετά με το Τμήμα Φορολογίας της Costas Tsielepis & Co. Έχει δουλέψει εκτενώς με εταιρείες και φυσικά πρόσωπα που δραστηριοποιούνται σε διάφορους τομείς όπως ανάπτυξη γης, ενέργεια, χρηματοοικονομικά, εμπόριο, βιομηχανία, ναυτιλία και διεθνείς επενδύσεις. Διατέλεσε λέκτορας στο GlobalTraining, το τμήμα επαγγελματικής κατάρτισης του Πανεπιστημίου Λευκωσίας στη Λεμεσό, από το 2016 έως τον Ιούνιο του 2024, διδάσκοντας αρχές της Φορολογίας σε φοιτητές του ACCA. Email:[email protected] Αλέξης Τσιελεπής BSc, FCA Διευθύνων Σύμβουλος Chelco VAT Ltd Αλέξης Τσιελεπής BSc, FCA Διευθύνων Σύμβουλος Chelco VAT Ltd Ο Αλέξης Τσιελεπής, Διευθύνων Σύμβουλος της Chelco VAT Ltd, αναγνωρίζεται ως ένας από τους πλέον ειδικούς σε θέματα ΦΠΑ στην Κύπρο. Με σχεδόν 20 χρόνια εμπειρίας στον στρατηγικό σχεδιασμό ΦΠΑ, ο Αλέξης συμβουλεύει επιχειρήσεις σε διεθνή ζητήματα ΦΠΑ και παραδίδει σεμινάρια σε τοπικά και διεθνή συνέδρια. Έχει συγγράψει μια σειρά προγραμμάτων φορολογικών σπουδών αλλά και μια πλειάδα άρθρων και αναλύσεων σε θέματα έμμεσης φορολογίας που αφορούν την Κύπρο και την Ευρωπαϊκή Ένωση. Ο Αλέξης είναι μέλος (Fellow) του Institute of Chartered Accountants in England and Wales (ICAEW), συνέταιρός…

Seminar is closed! All seats have been filled. Decrypting Transfer Pricing: The Summary Information Table II - REPEAT The ‘Decrypting Transfer Pricing: The Summary Information Table’ seminar on Thursday, 31 October 2024 was filled to capacity within 24 hours. Responding to popular demand, we are repeating the seminar on Thursday, 7 November 2024, at the same place and time.The Tsielepis Tax Academy continues its series of direct tax seminars with a much requested, highly anticipated morning seminar on the Summary Information Table (SIT), the disclosure requirement for Transfer Pricing (TP).'Decrypting Transfer Pricing: The Summary Information Table II' will focus on which taxpayers have the obligation to complete and submit the SIT and how the dreaded table should be completed.By the end of the seminar, participants will be able to:Identify which transactions should be included in the SITProperly complete and submit the SITUsing plain, easy-to-follow language and practical examples, the seminar will cover:The Q&A issued by the Cyprus Tax Authorities on the SITExplanation of each part of the SITThe seminar is targeted towards accountants of all levels, auditors, bookkeepers, tax consultants, tax lawyers, CFOs and all professionals that have to deal with TP compliance and reporting requirements. Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:30am What is the SITWho has the obligation to complete a SITDecrypting the Q&A published by the Cyprus Tax Authorities 11:30am – 12:00pm Coffee Break 12:00pm – 1:30pm Completion of a SIT 1:30pm End of Seminar Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:30am What is the SITWho has the obligation to complete a SITDecrypting the Q&A published by the Cyprus Tax Authorities 11:30am – 12:00pm Coffee Break 12:00pm – 1:30pm Completion of a SIT 1:30pm End of Seminar The Instructor Nicolas Papapanayiotou,BSc, MBA, FCCADirector, Head of TaxationCostas Tsielepis & Co LtdE-mail: [email protected] 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 QUALIFICATIONSNicolas 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 BACKGROUNDNicolas 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…

Decrypting Transfer Pricing: The Summary Information Table The Tsielepis Tax Academy continues its series of direct tax seminars with a much requested, highly anticipated morning seminar on the Summary Information Table (SIT), the disclosure requirement for Transfer Pricing (TP).The seminar will focus on which taxpayers have the obligation to complete and submit the SIT and how the dreaded table should be completed.By the end of the seminar, participants will be able to:Identify which transactions should be included in the SITProperly complete and submit the SITUsing plain, easy-to-follow language and practical examples, the seminar will cover:The Q&A issued by the Cyprus Tax Authorities on the SITExplanation of each part of the SITThe seminar is targeted towards accountants of all levels, auditors, bookkeepers, tax consultants, tax lawyers, CFOs and all professionals that have to deal with TP compliance and reporting requirements. Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:30am What is the SITWho has the obligation to complete a SITDecrypting the Q&A published by the Cyprus Tax Authorities 11:30am – 12:00pm Coffee Break 12:00pm – 1:30pm Completion of a SIT 1:30pm End of Seminar Agenda 8:30am – 9:00am Registration & Coffee 9:00am – 9:05am Welcome AddressNicolas Papapanayiotou – Instructor 9:05am – 11:30am What is the SITWho has the obligation to complete a SITDecrypting the Q&A published by the Cyprus Tax Authorities 11:30am – 12:00pm Coffee Break 12:00pm – 1:30pm Completion of a SIT 1:30pm End of Seminar The Instructor Nicolas Papapanayiotou,BSc, MBA, FCCADirector, Head of TaxationCostas Tsielepis & Co LtdE-mail: [email protected] 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 QUALIFICATIONSNicolas 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 BACKGROUNDNicolas 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…