Cyprus:
Double Taxation Convention Between Cyprus And Barbados
04 July 2017
Michael Kyprianou Law Firm
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On 3 May 2017 an Agreement was signed between the Republic of
Cyprus and Barbados for the Avoidance of Double Taxation and the
Prevention of Tax Evasion with respect to taxes on income.
The Agreement is based on the OECD Model Tax Convention for the
Avoidance of Double Taxation on Income and on Capital.
This Agreement is expected to contribute to the further
development of trade and economic relations between the two
countries. In addition, the Agreement aims to further attract
foreign investment to Cyprus as well as to promote Cyprus as an
international business centre.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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