The House of Representatives voted on 5 April 2019, a series of provisions amending the Income Tax Law which were published in the Official Gazette of the Republic on 25 April 2019. The long-awaited law introduces in the Cyprus Tax legislation certain provisions of the EU Anti-Tax Avoidance Directive (“ATAD”), which was adopted by the European Union (“EU”) in 2016 with the aim to create a minimum level of protection against corporate tax avoidance throughout the EU and prevent aggressive tax planning. The amendments will be effective retroactively as of 1 January 2019.