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While OECD, G20 and EU are not getting tired of stretching out their fingers on offshore countries, some of their own countries do have the largest impact on global tax evasion themselves. Therefore; if we want to fight tax evasion and tax injustice effectively, those who shout loudest should look into a mirror and start correcting themselves.
Shanda Consult sponsors the Startup Competition “GET IN THE RING CHAIN REACTION” as Network Sponsor. The event will be held on 23 February 2018 at the Royal Hall in Nicosia, Cyprus.
The Organization for Economic Cooperation and Development (OECD), has upgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits (CRE), from 6 to 5.
Cyprus has ranked first in the EU in terms of per capita absorption of funds from ‘Horizon 2020’ Research and Innovation Programme by absorbing 90 million Euro funds.
Banque du Liban (BDL)’s total assets reached $118.3 billion at the end of 2017, rising by $15.9 billion which is 16% increase compared with the previous year.
Double Taxation Avoidance Agreement (DTAA) was signed between Cyprus and Saudi Arabia on 03 January 2018, in Riyadh for the avoidance of double taxation between two countries and the prevention of tax evasion.
After Iran's nuclear deal, some international insurance companies from the EU expressed their readiness to invest in Iran’s insurance sector. The Iranian Insurance industry has a great potential for attracting foreign investment.
This year three Cypriot start-ups have represented Cyprus at the world's largest technology conference, Web Summit 2017.
Iranian chain stores are gradually rising and attracting more consumers to do their routine shopping in a more efficient way.
Qatar signs the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and the CRS Multilateral Competent Authority Agreement of the OECD.
Hellenic Bank has appointed Youssef A. Nasr, a Lebanese-born US citizen and former HSBC banker as chairman of its board of directors.
Cyprus Notional Tax Deduction (NID) is a deduction against taxable profit calculated by applying a “reference interest rate” to new equity injected into companies and used by companies for the performance of its activities under certain conditions and constraints.