Cyprus

World TP Reviews

Transfer pricing
EY

EY was the first professional firm to have a dedicated transfer pricing department in Cyprus, which currently consists of 18 dedicated transfer pricing professionals. Director and TP specialist Charalambos Palaontas is a key individual within the transfer pricing practice. The team is engaged in a number of service lines related to transfer pricing, including TP policy, country-by-country reporting, documentation, audit support, APA’s, planning and compliance. 

The transfer pricing team recently represented one client in a TP dispute regarding a tax examination of embedded intellectual property income. It advised another client on its global TP policy in relation to a large financing transaction.