Following the publication of the Instrument of Ratification and the Multinational Instrument (MLI) in the Official Gazette of the Republic on 22 January 2020, Cyprus deposited its instrument of approval with the Organisation for Economic Co-operation and Development (OECD) on 23 January 2020. Cyprus also submitted its MLI positions and a list of 59 tax treaties which Cyprus entered into with other jurisdictions that it wishes to designate as Covered Tax Agreements (CTAs).1
Cyprus’ final…