by HSharpe | Oct 10, 2019 | Cyprus Tax
On the 8th of October 2019 the Republic of Cyprus and the Arab Republic of Egypt signed a new protocol for the Elimination of Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion and Avoidance (“Double Tax Agreement”). The news...
by HSharpe | Aug 13, 2019 | Cyprus Legal Tip of the Day, Cyprus Tax
Article 33 of the Income Tax Law The Cyprus income tax law forbids related party transaction to carry out on preferential terms. Effectively disallowing any preferential treatment afforded due to the relation of the parties. The Cyprus Income Tax Law taxes any income...
by HSharpe | Aug 6, 2019 | Cyprus Tax
Recent publication from stockwatch.com.cy would like for the minister of finance proposing an increase in the income tax applicable to Cyprus Companies. The proposed increase will see the income tax applicable to companies raised from 12.5% to 15%. The proposal to...
by HSharpe | Jul 29, 2019 | Cyprus Tax
Before relying on anything in this Blog please read the disclaimer On the 28th of January 2016, the Commission presented its proposal for the Anti-Tax Avoidance Directive (ATAD I) and the same was adopted on the 20th of June 2016. On the 19th of July 2019, the Cyprus...
