Cyprus and Luxembourg sign Double Taxation Avoidance Agreement PUBLISHED ON 09/05/2017
With the signing of the Convention for the Elimination of Double Taxation, the Republic of Cyprus and the Grand Duchy of Luxembourg made an important step to strengthen and to enhance their economic cooperation. The Double Taxation Avoidance Agreement between the Republic of Cyprus and the Grand Duchy of Luxembourg was signed on Monday, […]
Cyprus is determined to attract Bollywood film community PUBLISHED ON 05/05/2017
The Cypriot government and authorities are committed to implement a series of specific incentives in order to attract Indian filming companies. Due to its natural beauty Cyprus was always a very attractive location for Indian filmmakers. However due to lack of incentives the majority of filming companies decided to not to produce their films […]
The New Cyprus India Double Taxation Avoidance Agreement (DTAA) PUBLISHED ON 05/05/2017
After some years of tough negotiations, the new Cyprus India Double Taxation Avoidance Agreement (DTAA) has been signed on 18 November 2016. The new Cyprus India DTAA is expected to re-boost trade and investment activities between the two countries. The new Cyprus India Double Taxation Avoidance Agreement (DTAA) came into force on 1 January 2017 […]
India removed Cyprus from tax blacklist PUBLISHED ON 28/04/2017
With the signing of the new Double Taxation Agreement India has removed Cyprus from its tax blacklist. Cyprus had been blacklisted by the Indian Government on 01/112013 as so-called “Notified Jurisdictional Area” (“NJA”), which is a term quite similar to “non-cooperative country”, for not providing important tax information requested by the Indian tax authorities under […]