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17 June 2016
The Tax Department has announced that the double tax agreement with Bahrain,(1) which was signed on March 9 2015, entered into force on April 28 2016 following the completion of ratification procedures in both countries.
Its provisions will have effect for the tax years beginning on or after January 1 2017 and for taxes withheld at source on or after that date.
For further information on this topic please contact Philippos Aristotelous at Andreas Neocleous & Co LLC by telephone (+357 25 110 000) or email (email@example.com). The Andreas Neocleous & Co LLC website can be accessed at www.neocleous.com.
(1) For further details please see "Double tax agreement signed with Bahrain".
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