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Cypriot Investment Scheme
Repossession Property Yield Properties

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  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... 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