Nov 28, 2016 | Articles
A big triumph for Cyprus Shipping has been achieved, with the official approval by The European Commission of the new, fully revised and upgraded Cyprus ShippingTaxation System. This approval constitutes perhaps the most important success for Cyprus Shipping since the...
Nov 28, 2016 | Articles
Cyprus and Iceland have signed a double taxation agreement based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital, the Finance Ministry said in a statement on Friday. By signing this agreement both countries aim to strengthen...
Nov 28, 2016 | Articles
Cyprus and Iran signed an agreement to avoid double taxation standards in Nicosia on Tuesday, after an agreement was reached between the Middle East state and the West. The Agreement of Avoidance of Double Taxation and Tax Evasion, which specifically deals with income...
Nov 28, 2016 | Articles
August, 2014 Cyprus and Guernsey have entered into a double taxation treaty (DTT). The agreement was completed on July 15 2014 in Cyprus and on July 29 2014 in Guernsey, respectively. The treaty will reportedly enter into force on January 1, 2015, following its...
Nov 28, 2016 | Articles
Once effective (January 1, 2015), the new DTT will replace the current one between Cyprus and Norway. Under the new DTT there is no withholding tax on interest and royalties. The following WHT rates apply on dividends: 0% if the beneficial owner of the shares is a...
Nov 28, 2016 | Articles
EU legal services are to open negotiations with Cyprus over the country’s citizenship programme, according to a report in MaltaToday. The talks follow the conclusion of negotiations with Malta over its citizenship scheme, in particular with regard to residency....