Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 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

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 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

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