On 16 June, 2017 the Cyprus Tax Department announced that the deadline for affected Financial Institutions to fulfil their CRS reporting obligations is being extended until 21 July, 2017 (for the official announcement click here).
Even with the extension the reporting timetable remains tight !
MAP Fintech has developed a CRS reporting solution to assist Financial Institutions in the process of fulfilling their filing obligations. For more information on how we can assist contact us on firstname.lastname@example.org.
Note: The FATCA reporting deadline remains 30 June, 2017.