The Right Response at the Right Time Law Support

Lawyer in Cyprus Location

8 Kennedy Ave., Office 101, CY-1087, Lefkosia, Cyprus Mon - Fri 09:00-18:00 Online Chat : 24/7

Logo

C. Hadjivangeli & Partners LLC

Advocates – Legal Consultants

Сonsultation

Cyprus lawyer INT:+357-22366777

Romania Authorizes Negotiation of Amending Protocol to Tax Treaty with Cyprus

Romania Authorizes Negotiation of Amending Protocol to Tax Treaty with Cyprus

Romania Authorizes Negotiation of Amending Protocol to Tax Treaty with Cyprus

The Romanian government reportedly authorized negotiations and the signing of a protocol amending the 1981 income and capital tax treaty with Cyprus. This protocol will increase the withholding tax rate on dividends and interest to 15% (currently 10%). The protocol will be the first document to amend the 1981 treaty. Before it comes into force, the protocol needs to be finalized, signed, and ratified.

We draw your attention to the fact that this article is for informational purposes only. For more advice, contact us at the contacts listed on the site.

 

Post A Comment

Your email address will not be published. Required fields are marked *