Common use of in Cyprus Clause in Contracts

in Cyprus. (i) Subject to the provisions of Cyprus Tax Law regarding credit for foreign tax, there shall be allowed as a credit against Cyprus tax payable in respect of any item of income derived from Singapore the Singapore tax paid under the laws of Singapore and in accordance with this Agreement. The credit shall not, however, exceed that part of the Cyprus tax, as computed before the credit is given, which is appropriate to such items of income.

in Cyprus. (i) a. Subject to the provisions of Cyprus Tax Law regarding credit for foreign tax, there shall be allowed as a credit against Cyprus tax payable in respect of any item of income derived from Singapore the Singapore tax paid under the laws of Singapore and in accordance with this Agreement. The credit shall not, however, exceed that part of the Cyprus tax, as computed before the credit is given, which is appropriate to such items of income.

in Cyprus. (i) Subject subject to the provisions of Cyprus Tax Law tax law regarding credit for foreign tax, there shall be allowed as a credit against Cyprus tax payable in respect of any item of income derived from Singapore South Africa or capital owned in South Africa the Singapore South African tax paid under the laws of Singapore South Africa and in accordance with this Agreement. The credit shall not, however, exceed that part of the Cyprus tax, as computed before the credit is given, which is appropriate to such items of income.income or capital;