Cyprus:
New Cyprus-Saudi Arabia Double Tax Agreement Enters Into Force
06 February 2019
Elias Neocleous & Co LLC
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The Ministry of Finance has announced that the double tax
agreement with Saudi Arabia – which was signed on 3 January
2018 – will enter into force on 1 March 2019. The agreement
will apply to amounts paid or credited on or after 1 January 2020
with regard to taxes withheld at source and for tax years beginning
on or after 1 January 2020 with regard to other taxes.
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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