Income Tax Exemptions on Employment in Cyprus – Tax Circular
Interpretative Circular 2017/4 deals with exemptions from income tax of income from employment in the Republic of Cyprus…
Information about Tax Appeals becomes publicly available
The Tax Tribunal can now publish its rulings in relation to appeals against decisions of the Director of the Tax Department…
Financing of/from Cyprus Companies: Challenges and Opportunities
There are many implications with regards to the set-up and operations of companies with international operations…
Related Party Financing – A Totally Reshaped Landscape
As from 1 July 2017 related party financing transactions will need to comply with transfer pricing requirements…
The 60-Day Tax Residency Rule
The new provision, also known as “60-day tax residency rule”, provides an incentive to individuals who are not tax residents in any other state for any tax year to transfer their tax residence to Cyprus…
Seamark Going…Global!
Seamark is pleased to be among the exhibitors of the Going Global Exhibition which will take place on 16 and 17 of May 2018 at Excel London!
Cyprus – Russia Double Tax Treaty – Court decision for thin capitalization rules
The Russian Supreme Court issued a decision related to the treatment of interest considered as non-tax deductible based on…
New Double Tax Treaty between Cyprus and UK
A new Double Tax Treaty was signed between Cyprus and the UK on 22 March 2018. The treaty is based…
Double Tax Treaty between Cyprus and Ukraine – Taxation of dividends in Ukraine
On 15 February 2018, the Ukrainian State Fiscal Service (SFS) published a Guidance Letter…
Tax Circular clarifying income eligible for 50% exemption from personal tax
We have reported several times in the past about the very attractive personal tax exemption of 50% of employment income…