Blog January 11, 2021 New Taxisnet Declarations of withheld Special Defence Contribution (SDC) and National Health contributions from Interest and Dividends The withholding of Special Defence Contribution and National Health Contribution on interest and dividends, will be declared from now on only by electronic tax declaration forms, through the Taxisnet online system, using their unique taxisnet codes. Form T.D.602 (replacing form TD61AT)- Declaration of withheld Special Contribution for Defence and National Health Contribution from Interest, and Form T.D.603 (replacing form TD61AM)- Declaration of withheld Special Contribution for Defence and National Health Contribution from Dividends. Since National Health Contributions are not exempt for non-domiciled shareholders (which is the case for defence fund contributions) all Cyprus companies with Cyprus tax resident shareholders distributing dividends or interest, are obliged to submit the aforementioned forms. For each withholding, the respective analysis should be submitted along with the payment by the end of the month following the month in which the withholding was made. The fine for non or late submission of the relevant forms will be €100 per return. Payment methods: Within deadline: JCC Smart Website and through the Tax Portal After the respective deadline: only via the Tax Portal Download Newsletter Search for: TAGS accounting services ADIT AITC association atad banking Business bvi charities china company corporate corporate governance corporate law corporate news corporate services corporate social responsibility corporate structuring cyprus cyprus registrar cyprus tax cyprus tax system data dates 2019 double tax treaty eu financial financial services health system international international tax investments iran IR Global kazazkhstan limassol luxembourg migration protection redomiciliation residency saudi arabia seminars Ukraine vat Pagecorp Group is a provider of global corporate, administration, secretarial and other related services based in Limassol, Cyprus. Terms & Conditions | Privacy Policy | Cookies Policy Services Corporate Services International Trust Serviced Offices International Tax Planning Accounting Services Legal Services Contact Details 334 Agiou Andreou and Eleftheriou Venizelou corner, Vashiotis Business Centre, Ground floor offices, 3035 Limassol, Cyprus P.O.Box 54543, 3725 Limassol, Cyprus +357 25 878866 +357 25 364048 info@pagecorpgroup.com © 2018 Pagecorp Group / Privacy Policy / Legal notices / Designed by BDigital / SEO & Development by SoftwareCy