Posts Tagged ‘Double Tax Treaty’
Are you a UK national? This is why you should look at Cyprus now!
This article is discussing the substantial tax benefits that UK domiciles (nationals) may gain by considering relocation in Cyprus for tax purposes. There are two main tax reliefs for UK domiciles (nationals) who relocate in Cyprus and become Cypriot tax residents: First employment tax relief for several years which may reach up to a 50%…
Read MoreDouble Tax Treaty between Cyprus & Georgia and Intellectual Property Company
Tax Benefits of the Double Tax Treaty between Cyprus & Georgia and the 80% tax exemption of Cypriot IP companies The Double Tax Treaty (DTT) which was signed between Cyprus and Georgia on 13th May 2015 and came into force on 4th January 2016. It aims to strengthen the economic relationships of the two nations…
Read MoreUpcoming double tax treaty between Ukraine and Cyprus
A Double Tax Treaty (DTT) protocol was signed on 11 December 2015 between Cyprus and Ukraine which will replace the 2012 DTT. What is DTT? A DTT aims to avoid double taxation between countries for businesses or individuals that perform business transactions between said countries. Such a treaty might provide that certain forms of income…
Read MoreA new attractive double tax treaty between Cyprus and United Kingdom
On 22 March 2018, a new Double Tax Treaty between Cyprus and the United Kingdom was signed which will replace the 1974 DTT (amended by the 1980 protocol). What is the scope of a DTT? The scope of a DTT is to avoid double taxation between countries. Such a treaty might provide that certain forms…
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