• Cyprus - Latvia
    Tax Treaty Enters Into Force

    23-11-2016

    The Income Tax Treaty between Cyprus and Latvia entered into force on 27 October 2016 and will come into effect from 1 January 2017.

    In accordance with the treaty, the following withholding taxes will apply:

    • Dividends:
      • 0% if the beneficial owner is a company (other than a partnership);
      • 10% in all other cases.
    • Interest:
      • if the interest is paid by a company that is a resident of a Contracting State to a company (other than a partnership) that is a resident of the other Contracting State and is the beneficial owner of the interest;
      • 10% in all other cases.
    • Royalties:
      • if the royalties are paid by a company that is a resident of a Contracting State to a company (other than a partnership) that is a resident of the other Contracting State and is the beneficial owner of the royalties;
      • 5% in all other cases.
    Back to News
    Related Topics:

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.

Read more
Follow Us
Specialist writers View All
Copyright © 2012 - 2019 Offtax Ltd. All rights reserved. Compare Countries News & Articles About Join Us Directory Contact Us