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International Tax

Cyprus and Croatia Sign a New Double Tax Treaty

October 18, 2023October 26, 2023Michalis C. Zambartasagreement, avoidance, capital, Croatia, Cyprus, Double Tax Treaty, elimination, income

On October 17, 2023, The Agreement for the Elimination of Double Taxation with Respect to Taxes on Income and on Capital and the Prevention of Tax Evasion and Avoidance, and
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Global minimum tax at 15%
International Tax, Tax Law

Agreement Reached on The Global Minimum Tax Rate of 15%

November 1, 2021November 2, 2021Michalis C. Zambartas15%, agreement, BEPS, G20, global minimum tax, global tax, global tax reform, international tax, MNEs, multilateral convention, OECD

The global minimum corporate tax rate of 15% has been agreed upon by 136 nations. Following years of intensive work and negotiations to bring the international tax rules into the
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solar-wind park
Energy Law, Government

Cyprus and Egypt Sign Memorandum of Understanding on Electricity Transmission Network

October 20, 2021October 20, 2021Michalis C. Zambartasagreement, Cyprus, Egypty, energy, EuroAfrica Interconnector, MOU, renewable energy

On the 16th October 2021, Cyprus and Egypt signed a memorandum of understanding (MOU) on electricity interconnection. The MOU will facilitate the construction of the €2.5 billion EuroAfrica Interconnector and
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Cyprus CbC Reporting
Banking Law, Government, International Tax, Tax Law

Clarification Bilateral Agreement between the Republic of Cyprus and the United States

September 18, 2020September 18, 2020Michalis C. Zambartasagreement, Country by Country Reporting, Cyprus, USA

On September 4th, 2020, the Cyprus Tax Department has published a clarification in relation to the bilateral agreement between the Republic of Cyprus and the United States. The bilateral Competent
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Energy Law

The Republic of Cyprus signs agreement for the construction of the Eastern Mediterranean natural gas pipeline

January 2, 2020January 7, 2020Michalis C. Zambartasagreement, Cyprus, EastMed, energy law, international law, natural gas

On the 2nd January 2020 the President of the Republic of Cyprus Nicos Anastasiades, the Prime Minister of Greece Kyriakos Mitsotakis and the Prime Minister of Israel Benjamin Netanyahu signed
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Recent Posts

  • Antigua and Barbuda, Belize and Seychelles Added to the EU List of Non-Cooperative Jurisdictions for Tax Purposes
  • Cyprus and Croatia Sign a New Double Tax Treaty
  • Cyprus to Proceed with Tax Reform Project
  • Cyprus Fully Integrated into Schengen Information System
  • Deadline to Submit the Beneficial Owners Data to the Register of Beneficial Owners

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