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Cyprus Expands Treaty Network As Of 1 January 2021 - Tax


Executive summary
Cyprus Double Tax Treaty network has been further expanded
with two new tax treaties concluded with Egypt and Kazakhstan. In
addition, a Protocol for amending the existing tax treaty with
Russia is now effective.
This article summarizes the key provisions of the new tax
treaties and the amending protocol which are in effect as of 1
January 2021.
Detailed discussion
Treaty with Egypt
The treaty with Egypt (the Treaty) provides for a 5% withholding
tax on dividends if the beneficial owner of such dividend is a
company (other than a partnership) which holds directly at least
20% of the capital of the company paying the dividends throughout a ....

Central Bank , Double Tax Treaty , Contracting State , Income Tax Treaty , Global Tax Alert , Cyprus Expands Treaty Network As Of 1 January 2021 , Capital Gains Tax , Tax Treaties , Withholding Tax , மைய வங்கி , இரட்டை வரி ஒப்பந்தம் , ஒப்பந்தம் நிலை , வருமானம் வரி ஒப்பந்தம் , உலகளாவிய வரி எச்சரிக்கை , மூலதனம் ஆதாயங்கள் வரி ,