Cyprus and UK Signed a New Double Tax Treaty

18:45 - 26 Ιουλίου 2018

Recently, Cyprus and UK have signed a new double tax treaty which replaces the existing treaty signed between two countries since 1974. It is expected that the new treaty will soon be ratified and therefore it will take effect as from 1st January 2019 in Cyprus. Once the new double tax treaty enters into force, it will take effect in the UK for withholding taxes for amounts paid or credited on or after 1st of January 2019. 
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