The impact of industrial nations on global tax evasion
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.
Sponsoring Startup Competition
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.
Iran’s Risk Rating has upgraded to 5
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’ Significant position in the EU ‘Horizon 2020’
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 assets increased by 16%
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.
Cyprus and Saudi Arabia signed Double Taxation Treaty
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.