Russian-Cypriot negotiations to amend double tax treaty On 25 June 2020 Russia and Cyprus started negotiations on amendments to the Agreement for the avoidance of double taxation dated 5 December 1998 (as amended in 2010) existing between the countries. Russia’s position is that the payment of dividends from Russia to Cyprus should be taxed in
Subscribe to Blog via Email
16 October 2018 the Organisation of Economic Co-operation and Development (OECD) has published a list of jurisdictions that provide citizenship, residence and special types visas to foreign individuals by investment in its economy, that potentially may be used for avoidance of automatic exchange of information about financial accounts of taxpayers (automatic exchange) at OECD’s opinion.
It is known that the route of data flow within the automatic exchange of financial account information under the Common Reporting Standard (CRS) depends on tax residence of an account holder, which is to be declared by a customer in self-certification bank forms. The recipient of the information about a foreign bank account of a
Due to natural disasters that occurred in Caribbean countries in September 2017 the authorities of Saint Kitts and Nevis had established a new program of donations that entitle to obtain citizenship. In order to obtain passport of citizen of Federation of Saint Kitts and Nevis any person can apply for new program of local authorities