Tax Reform in Cyprus
On 22 December 2025, the House of Representatives of the Republic of Cyprus enacted a landmark legislative package for comprehensive tax reform. These amendments encompass corporate and personal income tax, […]
Tag: withholding tax
The EU has listed the British Virgin Islands, Costa Rica, Marshall Islands and Russia as non-cooperative jurisdictions
On 14 February 2023, the EU Council decided to add four new countries to the EU list of non-cooperative jurisdictions for tax purposes. They include the British Virgin Islands, Costa
April 2021: International Tax Planning Review
Cyprus is planning to introduce withholding tax and amend corporate tax residency rules Two bills have been submitted to the Cyprus Parliament to amend the legislation on income tax and
Belize: companies economic substance and taxation issues
As it is known, in 2019 the large-scale reform took place in Belize. As a result, the economic substance rules (ES rules) and territorial taxation principle for International Business Companies
January 2021: International Tax Planning Review
OECD to revise the Common Reporting Standard for automatic exchange The Organization for Economic Co-operation and Development (OECD) is planning a public consultation to improve the Common Reporting Standard (CRS)
October 2020: International Tax Planning Review
Russia and Malta signed a protocol amending the double tax treaty On 1 October, representatives of Russia and Malta signed a Protocol amending the bilateral Convention for the avoidance of
June 2020: International Tax Planning Review
Russian-Cypriot negotiations to amend double tax treaty On 25 June 2020 Russia and Cyprus started negotiations on amendments to the Agreement for the avoidance of double taxation dated 5 December