Russia initiates scrapping of taxation deal with Cyprus

Chat with fellow forum users. No adverts or trade links in here please.
Post Reply
User avatar
Paphos Life
Posts: 3102
Joined: Tue Feb 28, 2017 9:20 am

Russia initiates scrapping of taxation deal with Cyprus

Post by Paphos Life »

By Elias Hazou and Philippe OrphanidesRussia's finance ministry said Monday it would initiate a process to scrap an agreement with Cyprus aimed at avoiding double taxation - after talks to modify the deal apparently failed - and that legal changes would make it more profitable for people to transfer money back to Russia....

Read the article and chat about it below...
Kili01
Posts: 4657
Joined: Thu Dec 29, 2016 9:41 am

Re: Russia initiates scrapping of taxation deal with Cyprus

Post by Kili01 »

Yes, I read something about that. Is it also tit-for -tat perhaps, as the EU is believed to be leaning heavily on Cyprus with regard to reducing the cash for passports scheme which they think is facilitating the laundering of funds?

Dee
Post Reply