The Barbados - Iceland Income Tax Treaty has entered into force on 13 February 2012.
The provisions of the tax treaty will become effective on 1 January 2013.
In accordance with the treaty, the following withholding taxes will apply:
Dividends:
5% if the beneficial owner is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends.
Cyprus Self-Managed Alternative Investment Funds with Limited Number of Persons (AIFLNP) - Compliance Calendar Have you ever been in a situation where although you have the competency to perform a task you are unsure what the totality of the task might be? This situation can arise when numerous regulatory requirements are imposed on an organisation and further exacerbated by the almost exponential increase in the velocity of change of these requirements.
