EY Cyprus marked its presence at the International Tax Review (ITR) European Tax Awards with two significant accolades on September 18, 2024. The event celebrated exceptional achievements in tax advisory and services across Europe, the Middle East, and Africa (EMEA).

EY Cyprus was named the leading Transfer Pricing Firm for the sixth consecutive year, while Charalambos Palaiontas, Partner and Head of Transfer Pricing Services, received the title of "Leading Practitioner: Transfer Pricing Advisory Rising Star."

The recognition of EY Cyprus as the top Transfer Pricing Firm once again underscores its continuous excellence in the field and establishes it as a company renowned for quality and customer service. Upon receiving the award, Philippos Raptopoulos, Partner and Head of Tax and Legal Services at EY Cyprus, stated: "Our recognition for the sixth consecutive year is a remarkable achievement that reflects the commitment, expertise, and innovative spirit of our team. Our clients rely on us for effective and cutting-edge solutions, and the acknowledgment from ITR highlights the trust they place in our services, as well as the dedication of our people. This distinction motivates us to continue investing in our technology and workforce to maintain our high standards."

ITR also honors emerging leaders in tax and transfer pricing each year, recognizing those who demonstrate professional excellence, leadership skills, and innovation in their practices. This year, Charalambos Palaiontas was recognized as the "Leading Practitioner: Transfer Pricing Advisory Rising Star" for the EMEA region, acknowledging his expertise, outstanding contributions to the field, and influence that extends beyond Cyprus to an international scale.

Upon receiving his award, Charalambos Palaiontas remarked: "I am deeply honored by this recognition. This award highlights the strong team that supports me at EY Cyprus, whose expertise has allowed us to deliver consistently high-quality results for our clients. Our team is committed to providing innovative and effective Transfer Pricing solutions."

Through its international network, EY Cyprus will continue to support its clients' needs by providing high-quality tax advisory and compliance services across various sectors and a broader geographical scope.