Home | Contact Us | Sitemap

Choose Language
enc1
Bookmark this Page Recommend this Site
News
Amending protocol to the Double Tax Treaty between Cyprus & Russia
Date: 09/10/2020
Author: Costas Michail
Dear Clients and Associates, The protocol signed between the Governments of Cyprus and Russia increases the withholding tax (WTT) that may be charged at source, albeit allows certain carve outs. The changes are contemplated to come into effect as from January 1st, 2021. The Russia Government announced its intention to enforce similar changes to the DTTs currently in force between Russia Federation and other jurisdictions, such as Luxembourg, Malta, Netherlands, Hong Kong, Switzerland and media reports that relevant notices have already been issued. It also appears that Malta and Luxembourg have already agreed to the proposed increases.
Download: Protocol amending DTT.pdf
Back to News
Print this Page Email this Page Go to the Top of the Page
Disclaimer  |  Terms of Use  |  Privacy Policy  |  Contact Us  |  Sitemap
Copyright©2008 Scordis, Papapetrou & Co LLC
Design & Development by BDigital | Powered by WebStudio

SCORDIS, PAPAPETROU & Co LLC is a Lawyers’ Limited Liability Company (Reg. No. 221102) regulated by the Cyprus Law Council and the Cyprus Bar Association (Reg. No. 003), Reg. Off. at 30 Karpenisi Street, 1077 Nicosia, Cyprus.