en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstgram
+40-21-311-6176
ȘTIRI

Consultatie gratuita
Abonati-va la buletine
Cerere de contactare
Descarcati brosuri
Solicitati o brosura
Buletine
5 Minute de Offshore
De ce LAVECO?
Cum se comanda o companie de la LAVECO Ltd.?
Știri recente
Ratele de schimb valutar: USD/1 unitate
2018.05.21
HUF 0.0037
GBP 1.3491
CHF 1.0007
RUB 0.0161
HKD 0.1274
JPY 0.009
CNY 0.1568
CAD 0.7815
AUD 0.7517
BRL 0.2688
EUR 1.1781

ȘTIRI

Cyprus and India discuss new double taxation deal


05/12/2013
Current DTA between the two countries has been in force since December 21, 1994
Cyprus and India are a step closer to agreeing on a new DTA after a Cypriot delegation visited New Delhi last week, said the Finance Ministry.
On November 1, 2013, India labeled Cyprus a “notified jurisdictional area”, effectively overturning the original tax agreement between the two countries, after deeming that Cyprus had failed to provide information requested by the Indian tax authorities.
According to the ministry statement, during last week’s consultations, the Cypriot and Indian delegations agreed that Cyprus could address the reasons India suspended the DTA between the two countries with two steps.
First, by agreeing to adopt the provisions of Article 26 of OECD Model Tax Convention relating to exchange of information.
The second step agreed is to improve the channels of communication between India and Cyprus.
It was further agreed that once the notification of Cyprus as a “notified jurisdictional area” is rescinded, it will be with retrospective effect from November 1, 2013, when India issued its decision on Cyprus.
cyprus-mail.com
Related jurisdictions:
Cipru
Top