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Posts Tagged ‘Tax’

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

Measures to Support the Economy of Cyprus in Response to the Coronavirus Outbreak - Update

It has been clarified by the Ministry of Finance  that the months for which the contributions to the General Healthcare System will be reduced...

Cyprus Tonnage Tax System Extension - Amendments

As announced back in January the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years starting from... 

Reference Interest Rates for 2020 for Notional Interest Deduction on New Equity

The Cyprus Tax Department published on 12 February 2020 the bond yield rates per country as at 31 December 2019 to be considered for...

One Thing in Common

What do all these, otherwise totally diverse and different, entities and persons have in common?
The answer is that they...

Cyprus ratifies the Multilateral Instrument

On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Matters to Prevent Base Erosion and Profit Shifting was published in the Official Gazette of the Republic of Cyprus...

Double Tax Treaty between Cyprus and Kazakhstan enters in to force

Following the ratification of the DTT by Cyprus on 24 May 2019 and the signing of the ratification law in Kazakhstan on 30 December 2019, the treaty entered in to force on 17 January 2020 and it generally applies as from 1 January 2021.

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