Global Forum Issues Tax Transparency Compliance Ratings for Nine Jurisdictions as Membership Rises to 150

Press release.

OECD -Multilateral BEPS Convention Will Enter into Force on 1 July Following Slovenia’s Ratification

Press release.

Cyprus Signed a New Double Tax Treaty with the United Kingdom

Today a new double tax treaty has been signed between Cyprus and the UK, which replaces the treaty signed between the two countries in 1974.

OECD – BEPS Tax Challenges Arising from Digitization: More than 110 Countries Agree to Work Towards a Consensus-Based Solution

Press release.

Aggressive Tax Planning Indicators: Final Report by the EU Commission

The European Commission has recently published the Final Report on Aggressive Tax Planning Indicators.

EU Commission Welcomes Adoption of Far-Reaching New Transparency Rules for Tax Advisers in the EU

European Commission - Press release.

EU Parliament Tax Avoidance: Multinationals to Pay Taxes Where Profits Are Made

EU MEPS want multinationals to pay tax where profits are made.

Cyprus Double Tax Treaty with Barbados Came Into Effect as From 1 January 2018

The double tax treaty with Barbados was ratified and came into effect as from 1 January 2018. The treaty is generally based on the OECD Model Tax Convention framework with some modifications.

Taxation: Eight Jurisdictions Removed from EU List

Eight jurisdictions have been removed from the EU's list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns.

Cyprus Signs a Double Tax Treaty with Saudi Arabia

Cyprus signed a double tax treaty with Saudi Arabia. Provided the ratification procedures by the two countries are completed within 2018, the treaty will become effective as from 1 January 2019.

Ukraine Adopts a New List of "Low-Tax Jurisdictions"

On 27 December 2017 the Ukrainian Cabinet of Ministers approved a list of states (territories) that meet the criteria of “low tax jurisdictions”.

House of Parliament: Further Extension of the Period for Settlement of Taxes in Arrear in Cyprus

On 29 September 2017, the House of Representatives of Cyprus passed a law extending the deadline for submission of a claim for the payment of tax arrears from 3 October 2017 to 3 January 2018.

Cyprus New Double Tax Treaties Which Come Into Effect as from 1 January 2018

The following double tax treaties concluded by Cyprus come into effect as from 1 January 2018. All the new treaties are generally based on the OECD Model Tax Convention framework with some modifications.

State Aid: Commission Approves the Maltese Tonnage Tax Scheme Subject to Commitments

European Commission - Press release.

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