NEW DOUBLE TAX TREATY BETWEEN CYPRUS AND RUSSIADouble Tax Treaty • November 24th, 2009
Contract Type FiledNovember 24th, 2009On 16 April 2009, the Republic of Cyprus and the Russian Federation signed a Protocol (“the Protocol”) to the 1998 treaty for avoidance of double taxation between the two countries. The protocol is expected to be ratified by both countries during 2009 and become effective from 1 January 2010 thus replacing the current Double Tax Treaty (DTT) between the two countries.