Details of the Income Tax Treaty between Cyprus and Ethiopia have become available.
The Treaty was signed on 30 December 2015.
The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect in Cyprus from 1 January and in Ethiopia from 8 July of the calendar year next following that in which the agreement enters into force.
In accordance with the treaty, the following withholding taxes will apply:
EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.Read more