Tax Examinations / Tax Objections
by Andrea Christoudia
What is a tax objection?
Following the submission of the Cyprus tax form to the Cyprus tax department, the form is ‘examined’ by a tax inspector and a ‘Notice of Assessment’ is issued (usually after 2/3 years).
In case the taxpayer disagrees with the relevant ‘Notice of Assessment’ he / she has the right to submit ad objection, which is basically a way to officially inform the Tax Department of his / her disagreement with their assessment.
When do I need to submit the tax objection?
The deadline is 1 month from the date of issue of the tax assessment to submit your tax objection. But in case of delays in receiving the ‘notice’, extensions to the deadline may be granted.