For the third consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. The ITR European Tax Awards, which once again were held online on September 9, 2021, takes place annually aiming to recognize distinguished tax service providers from the Europe, Middle East and Africa (EMEA) region. Cyprus has taken part in the Transfer Pricing Firm of the Year award since 2019 and EY Cyprus has been awarded with this recognition every year since then.
EY Cyprus provides a wide range of tax services, ranging from direct to indirect taxation, and is recognized by its clients across the globe for its outstanding record and expertise and for creating functional solutions to complex tax issues.
Commenting on the award, Philippos Raptopoulos, Partner and Head of Tax and Legal Services of EY Cyprus, stated: “We are delighted about this new distinction and, once again proud of our Tax team for its professionalism, expertise and hard work. This has been a challenging year for all, in view of the restrictions imposed by COVID-19, but our people have stood by our clients providing high-quality services in a fluid and uncertain environment. Drawing from our international standards and expertise we are committed to continuously innovate and provide exceptional service to our clients in Cyprus and abroad.”
Charalambos Palaontas, Associate Partner and Head of Transfer Pricing Services of EY Cyprus, noted: “As the global tax environment changes with legislative initiative ongoing at a European and global level, our clients’ needs and expectations continuously evolve. Our clients expect from EY nothing less than top-level advice and guidance to help them deal with complex tax issues. Our team of dedicated tax experts has been successfully rising to this challenge and are always one step ahead, meeting and surpassing our clients’ needs. This recognition, awarded to EY for the third time, is an acknowledgment of their efforts and dedication.”
EY Cyprus through its international network provides tax advisory and compliance services in a wider geographic span, applicable to a range of sectors and in accordance with client needs.