The income and capital tax treaty between Cyprus and Guernsey entered into force on 4 March 2015. The treaty was signed 15 July 2014 in Nicosia and 29 July in St. Peter Port. It is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Guernsey income tax, and the following Cyprus taxes:
- Income tax;
- Corporate income tax;
- Special contribution for the defense of the republic; and
- Capital gains tax
Withholding Tax Rates
- Dividends - 0%
- Interest - 0%
- Royalties…