A recent Administrative Court judgment concerning the tax treatment of losses arising from the impairment of bank deposits following the 2013 banking crisis represents an important development in Cyprus tax law.
Having successfully acted for our client in the proceedings, our partner Katia Kakouli examines the judgment in her latest article for the e-newspaper of the Great Britain-Cyprus Business Association and considers its broader implications for taxpayers, tax advisers and the Tax Department.
Read the full analysis here: https://gbcy.business/wp-content/uploads/2026/01/CD-Administrative-Court-judgment-reshapes-the-debate-on-the-tax-treatment-of-impaired-bank-deposits.pdf
