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17.07.2017
Amendment to the Individual Tax Residence Rule
Налоговое право

On 14 July 2017 the Cyprus Parliament voted to amend the individual tax residence rule, under which individuals can now be held to be tax resident, even if they reside in Cyprus for less than 183 days.

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10.02.2017
Tax Update – Intention to abolish back to back profit margins
Налоговое право

On 8 February 2017, the Cyprus Tax Department indicated the intention to abolish the current tax legislation which requires minimum profit margins on loan transactions of a Cypriot resident company to and from related companies, in light of international tax developments, such as the OECD/G20 BEPS Project.

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30.01.2017
Tax Update – Repayment of overdue taxes in instalments
Налоговое право
On  27 January 2017, the Cyprus House of Representatives passed legislation affording people the opportunity to repay overdue taxes in monthly instalments.
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30.12.2016
Postponement of the provisions of the Protocol amending Article 13 “Capital Gains” of the Agreement between the Government of the Republic of Cyprus and the Government of the Russian Federation
Налоговое право
On 29 December 2016, the Cypriot Ministry of Finance issued a press release announcing that an agreement has been reached between the Russian and Cypriot Tax Authorities for postponing the application of the Protocol that amends Article 13 of the Agreement between the Government of the Republic of Cyprus and the Government of the Russian Federation for the Avoidance of Double Taxation, with respect to taxes on income and on capital, which was signed on 7 October 2010. Читать далее
21.11.2016
Cyprus and India sign revised Double Tax Treaty agreement
Налоговое право
On 18 November, 2016 Cyprus and India signed a new Treaty for Avoidance of Double Taxation (Treaty), which will replace the existing treaty signed by two countries in June 1994. The treaty was signed by Ravi Bangar, High Commissioner of India to Cyprus, and Harris Georgiades, Minister of Finance, Cyprus.
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