Russia-Cyprus Double Tax Treaty changes will hit government revenue

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Russia-Cyprus Double Tax Treaty changes will...
 © CyprusMail 2020
What will be the consequences should the Cyprus-Russia Double Tax Treaty either be changed or not be renewed?

“The major consequence will be a loss of substantial tax revenue for the government,” explains Spyros Ioannou, director and head of Tax at Primus in Larnaca, in an interview with the Cyprus Mail on Tuesday.

A Russian Embassy spokesperson has confirmed in an interview with the Cyprus Mail that the negotiations scheduled for August 10-11 regarding  the Double Tax Treaty will take place as announced.

The spokesman said that a “large delegation” would be involved in the negotiations in...


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Russia-Cyprus Double Tax Treaty changes will hit government revenue


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Article Tags: russia, cyprus, double, treaty, changes, government, revenue,