Sp. Def. Contribution

Special Defence Contribution (SDC) is levied on both Cyprus tax resident individuals and companies on the following sources of income:

  • Dividends
  • Interest
  • Rent

Earned in Cyprus and overseas

We provide:

Tax compliance services:

  • Calculation of Special Defence Contribution on deemed dividend distribution
  • Preparation and submission of deemed dividend distribution return
  • Preparation and submission of self-assessment forms
  • Assistance on tax clearance procedures
  • Representation at the Income Tax Authorities

Advice and tax planning:

  • Tax reviews
  • Advice for the preparation and submission of objections
  • Income tax rulings
  • Tax advice