Deferral of amended provisions regarding taxation of capital gains on shares in companies holding immovable property in Russia
In December 2016 the Cyprus Ministry of Finance announced that the Russian government had agreed to defer the introduction of source-based taxation of capital gains on shares in “property-rich” Russian companies, which was due to take place on 1 January 2017. Under the 1998 double taxation agreement between Cyprus and Russia, gains on disposals of […]
The changes to the Cyprus “intellectual property box”
In October 2016 the Income Tax Law was amended to bring its provisions on taxation of income from the use or sale of intangible assets into line with the “modified nexus” approach. This approach, which was agreed by G20 leaders towards the end of 2014 and adopted by the OECD and the EU, allows a […]
The new double taxation agreement between Cyprus and India
The revised double taxation agreement between Cyprus and India, which was signed on 18 November, took effect as regards Cyprus taxes at the beginning of 2017. Simultaneously with the agreement entering into force, on 14 December 2016 the Indian tax authorities rescinded the designation of Cyprus under section 94A of the Income Tax Act 1961 […]
New double tax agreement between Cyprus and Luxembourg
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Jun 15, 2017 Author: Philippos Aristotelous Publisher: International Law Office Practice area:TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING [/gdlr_column] [/gdlr_row] [gdlr_post_slider category=”publications” num_fetch=”3″ num_excerpt=”25″ caption_position=”bottom” thumbnail_size=”medium” orderby=”date” order=”asc” ]
Mondaq “Most Popular Article” award
Mondaq, launched in 1994, is one of the most comprehensive Internet repositories of professionals’ knowledge and expertise. It disseminates legal, regulatory and financial commentary and information supplied directly by hundreds of the world’s leading professional advisors, covering more than 80 countries, and tracks detailed readership of this information through its website and distribution network. At […]
Signing ceremony of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
A ground-breaking development took place on 7 June 2017 in Paris with the commencement of the first signing ceremony of the Multilateral Convention on Tax Treaty Related Measures to Prevent BEPS (the MLI). The MLI will apply alongside the existing treaties, modifying their application in order to implement the relevant BEPS measures, without requiring any […]
The New Procedure For The Issue Of Tax Residence Certificates in “Global Tax Weekly”
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Jun. 8, 2017 Author: ELIAS NEOCLEOUS MARISSA CHRISTODOULIDOU Law Firm: Elias Neocleous & Co LLC Publisher: Wolters Kluwer Practice area: TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING [/gdlr_column] [/gdlr_row]
Reception to mark the National Day of Portugal
In his capacity as Honorary Consul General of Portugal Elias Neocleous, managing partner of our firm, co-hosted a reception at the Severis Foundation, Nicosia, to celebrate the National Day of Portugal on June 9. The reception was organised under the auspices of the Embassy of Portugal in Cyprus and the Honorary Consuls General of Portugal in […]
Supreme Court holds that automatic increases in child support are not unconstitutional
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Jun. 12, 2017 Author: SOTOS CHRISTOPHER KASINOS Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: LITIGATION AND DISPUTE RESOLUTION [/gdlr_column] [/gdlr_row]
Cyprus : Banking law amendments
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Jun. 12, 2017 Author: ELIAS NEOCLEOUS MARISSA CHRISTODOULIDOU Law Firm: Elias Neocleous & Co LLC Publisher: IFLR Practice area: BANKING AND FINANCE [/gdlr_column] [/gdlr_row]
