The new double taxation agreement between Cyprus and Iceland, which was signed on 13 November 2014, entered into force on 22 December 2014.

The Cyprus Tax Department has announced an extension for the submission of Withholding Tax & Contribution Declarations (TF 7).

The Cyprus Tax Department has announced that with effect from 1 March 2018 monthly payments of tax deducted by employers from employees' remuneration under PAYE must be made ...

Until that date payment may be made online or at District Tax Collection Offices, unless the income estimate has been revised, in which case payment must be made at the tax office

The Taxation Department (the ‘Department') has recently informed the Cyprus International Businesses Association that it expects its new electronic taxation service to be operational within days.

The double tax agreement between Cyprus and Lithuania, which was signed in June 2013, is now in force and will take effect from 1 January 2015.

This authoritative Legal 500 tax guide is now available to view online.

On the 18th November 2016, the Republic of Cyprus and the Republic of India signed a double taxation avoidance agreement in relation to taxation on income.

On 6 November 2018 Namibia was removed from the EU's list of non-cooperative tax jurisdictions by a decision of the Economic and Financial Affairs Council, which considered that Namibia has made sufficient commitments at a high political level to address EU concerns.

A new treaty aimed at preventing double taxation between Cyprus and France was signed on December 11, 2023, and announced in the Official Gazette on December 22, 2023.

Under the agreement there is no withholding tax on dividends paid by a company resident in Lithuania to a company (but not a partnership) resident in Cyprus provided that the recipient is the beneficial owner of at least 10 per cent of the shares in the company paying the dividend. Otherwise the maximum rate of withholding tax is 5 per cent.

The double tax agreement between Cyprus and Lithuania took effect from January 1 2015 in respect of taxes withheld at source on or after that date and all other taxes on income for fiscal years beginning on or after that date.

ABC Ltd, a company incorporated and managed in Switzerland and engaged in telecommunication services, is going to invest in Japan.

Broadening the existing network of Double Tax Avoidance Agreements plays a key role for economic activity and enhancing political relations.

An Israeli investor is investing in the Czech Republic. A substantial part of the investment will be financed with debt. As the Czech withholding tax on interest paid to Israel is 10%, he wonders whether this withholding tax can be avoided by structuring the loan through a third country.

On 11 December 2023 Cyprus and France signed a Double Tax Treaty (DTT) which, once it enters in to force, will replace the existing treaty between the two countries, dated back in 1981.

The first-time Double Tax Treaty (DTT) between Cyprus and Luxembourg signed on 8 May 2017 is effective as from 1 January 2019 based on a recent update of the Cyprus Ministry of Finance.

he Tax Department recently informed the Cyprus International Businesses Association that it expects its new electronic taxation service to be operational imminently.

Cyprus has an advantageous environment for inward investment, providing various incentives to encourage non-residents to set up a business in, or invest through, Cyprus.

When addressing his nation regarding the Covid19 pandemic, Vladimir Putin made an unexpected announcement regarding Russian Double Tax Treaties: