AEOI - Automatic Exchange of information


Automatic Exchange of Financial Account Information

The purpose of this newsletter is to inform you about the OECD / EU Directives regarding Automatic Exchange of Financial Account Information between countries.

The first exchange of information is expected to be made as from 2017 (in respect of year 2016) on an annual basis between participating countries in relation to all accounts that are considered reportable.

TAX INFO Q3/2015


Immovable Property Tax in Cyprus


Every company, organization and individual which owned property or leased property in Cyprus on 1 January 2015 is subject to immovable property tax for the year 2015. The tax is calculated based on the market value of immovable property as at 1 January 1980.

Immovable property value

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Cyprus Double Tax Treaties

The text of each Agreement is available below.

The Double Tax Agreements concluded and their respective date of enforcent between Cyprus and other countries can be found on the official website of the Ministry of Finance. Certain Agreements have already been concluded appear below, however they are pending enforcement.

Other than the Double Tax Agreements which are presently in force, the conlcusion of various other Agreements is pending. These Agreements are currently under negotiation.