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  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

    October saw a marginal rise in Cyprus property sales compared to the... read more

  • 31 October 2019 Express Evictions For Bad Payers

    Parliament's plenary session on November 22 will put forward a bill tabled by... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

    October saw a marginal rise in Cyprus property sales compared to the... read more

  • 31 October 2019 Express Evictions For Bad Payers

    Parliament's plenary session on November 22 will put forward a bill tabled by... read more

Announcement of the Ministry of Finance Cyprus Agreement Russia on double taxation

   

The Treasury announces that agreement has been reached between the Russian and Cypriot authorities to suspend application of the Protocol amending Article 13 of the Agreement between the Republic of Cyprus and the Russian Federation for the Avoidance of Double Taxation with respect to taxes on income and on capital, signed on 7/10/2010. 

The announcement of the Ministry also states that the preparation of a supplementary protocol promoted through which the revised provisions of Article 13 of the above Agreement will be suspended until the introduction of uniform provisions in other bilateral agreements on the Avoidance of Double Taxation with other European countries. 

Satisfied the Cyprus-Russian Business Association 

O Cyprus-Russian Business Association welcomes the announcement of the Ministry of Finance regarding the suspension of the Protocol application amending Article 13 "Capital Gains" of the Agreement between the Republic of Cyprus and the Russian Federation for the Avoidance of Double taxation with respect to taxes on income and on capital. 

Based on a press release, the President of Cyprus-Russian Business Association, Eugene Chr. Eugene welcomed the agreement between the Russian and Cypriot Authorities, which confirms the longstanding ties between the two countries, and the preservation of Cyprus as a competitive Business Center. 

He added that the Cyprus-Russian Business Association has made significant efforts to resolve the issue. 

"We would like to link to warmly thank the President of the Republic, the Minister of Finance, Foreign Minister, Government Spokesman, our Ambassador in Russia, the Russian Ambassador to Cyprus and the Special Presidential Envoy of the Republic of Russia Sotos Zakheos for their relentless effort to reach this agreement, "the statement concludes. 

Source: philenews / CNA

http://www.philenews.com/el-gr/oikonomia-kypros/146/346201/symfonia-kyprou--rosias-gia-ti-dipli-forologia