Corporate Tax updates

Cyprus

Contributed by Elias Neocleous & Co LLC
Cyprus and Switzerland agree updated double tax treaty
  • Cyprus
  • 14 August 2020

Cyprus recently agreed an updated double tax treaty (DTT) with Switzerland. The amendments made to the DTT focus on business profits, associated enterprises, mutual agreement procedures and benefit entitlement, and the amending protocol introduces the mandatory minimum standards of the Organisation for Economic Cooperation and Development's Base Erosion and Profit Shifting actions regarding arrangements on bilateral conventions and verbal amendments agreed bilaterally.


Current search