A Protocol amending the existing Double Tax Avoidance Agreement with respect to Tax on Income between the Republic of Cyprus and San Marino was signed on the 19th of May 2017, in Nicosia.
The Protocol was signed by the Ministers of Foreign Affairs of the two countries by Mr Ioannis Kasoulides on behalf of the Republic of Cyprus and by Mr Nicola Renzi on behalf of San Marino.
The amended Treaty will contribute to further develop trade and economic ties between the two countries.
The Cypriot Government is continuously upgrading and expanding its already wide network of Double Tax Treaties, thus making the country an attractive place of business.