• Cyprus - Portugal
    Tax Treaty Signed

    21-11-2012

    Cyprus has signed an Income Tax Treaty with Portugal.

    The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from 1 January of the year following that in which the treaty enters into force.

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

    • Dividends: 10% withholding tax on dividends.

    • Interest: 10% withholding tax on interest.

    • Royalties: 10% withholding tax on royalties.
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