According to an update from the Cyprus Ministry of Finance, the income tax treaty with Barbados entered into force on 11 September 2017. The treaty, signed 3 May 2017, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Barbados income tax and corporation tax, and covers Cyprus income tax, corporate income tax, the special contribution for the defense of the Republic, and capital gains tax.
Withholding Tax Rates
- Dividends - 0%
- Interest - 0%
- Royalties - 0…