Cyprus and Ukraine finalize the procedures to bring new treaty into force
The Inland Revenue Department of the Ministry of Finance of Cyprus issued Circular No. 2013/16 on 23 September 2013, expressing that Cyprus and Ukraine have both completed all the procedures required to bring into force the new Double Tax Treaty
See MoreCyprus amends Property Tax
The Government of Cyprus has declared details plans to amend the country’s Immovable Property Tax (IPT), exempting the lowest-valued properties. At present, the property tax in Cyprus is based on valuations made on 1 January 1980. If the
See MoreCyprus: Tax treatment of loan write-off by a financial institution
Recently guidance with respect to the tax treatment of a loan write-off by a financial institution, for the benefit of the borrower, has been issued by the tax authority of Cyprus. According to Circular 2013/14 of 30th May 2013, a partial or
See MoreRussia: Elimination of Cyprus from the ‘Black List’
The Ministry of Finance of the Russian Federation has removed Cyprus from the 'Black List' that applies for the purpose of certain tax provisions and it effects from 1 January 2013. Dividends paid from Cyprus companies to Russian companies will be
See MoreTreaty between Cyprus and Finland enters into force
On 28 April 2013, the double tax agreement that was signed on 15 October 2012 between Cyprus and Finland will enter into force. The treaty generally follows the provisions of the OECD Model. Under the treaty the maximum withholding tax rate on
See MoreTreaty between Finland and Cyprus signed
Finland and Cyprus signed an agreement on 15 November 2012 in Nicosia for the avoidance of double taxation, with both sides pointing out its significance for facilitating investments and strengthening bilateral ties. The agreement generally follows
See MoreSpain and Cyprus initial a DTA
On November 27, 2012, according to the Spanish government, Spain and Cyprus initialled a double taxation agreement
See MoreDTA between Portugal and Cyprus
According to the Cypriot Ministry of Foreign Affairs, on November 19, 2012, Portugal and Cyprus signed a double taxation agreement
See MoreDTA between Cyprus and Finland
The Cypriot Embassy in Copenhagen announced on November 16 that Cyprus and Finland signed a double taxation agreement (DTA) on November 15,
See MoreUkraine and Cyprus signed a Protocol to amend their DTA
On November 7, 2012, Ukraine and Cyprus signed a Protocol to amend their double taxation agreement
See MoreDTA between Ukraine and Cyprus
On November 5, 2012, Ukraine's Cabinet approved the signature of a draft double taxation agreement (DTA) with
See MoreEstonia’s parliament approved a draft DTA with Cyprus
According to media reports, Estonia's parliament on June 7, 2012, approved a draft double taxation agreement (DTA), and an accompanying Protocol, signed between Estonia and
See MoreEstonia’s parliament approved a draft DTA with Cyprus
According to media reports, Estonia's parliament on June 7, 2012, approved a draft double taxation agreement (DTA), and an accompanying Protocol, signed between Estonia and
See MoreAustria and Cyprus signed a Protocol to amend their existing DTA
According to the Austrian government, Austria and Cyprus signed a Protocol to amend their existing 1990 double taxation agreement (DTA) on May 21,
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