Double Taxation Convention Between Cyprus And Barbados

MK
Michael Kyprianou Law Firm

Contributor

The firm, based in Cyprus, has an international presence. Its services include Dispute Resolution, Property, Shipping, Immigration, Commercial and Corporate Law. It is highly ranked by leading legal directories, including Legal500 and Chambers and regularly receives accolades from the Cyprus Government and international bodies, in recognition of its excellent service and commitment to the values of integrity, efficiency and professionalism.
On 3 May 2017 an Agreement was signed between the Republic of Cyprus and Barbados for the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to taxes on income.
Cyprus Tax

On 3 May 2017 an Agreement was signed between the Republic of Cyprus and Barbados for the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to taxes on income.

The Agreement is based on the OECD Model Tax Convention for the Avoidance of Double Taxation on Income and on Capital.

This Agreement is expected to contribute to the further development of trade and economic relations between the two countries. In addition, the Agreement aims to further attract foreign investment to Cyprus as well as to promote Cyprus as an international business centre.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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