On 25 July 2014, Switzerland and Cyprus signed an income and capital tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Swiss federal, cantonal and communal taxes on income and capital, and covers the following Cyprus taxes:
- Income tax
- Corporate income tax
- Special contribution for the defense of the republic
- Capital gains tax
- Immovable property tax
Withholding Tax Rates
- Dividends - 0% if the beneficial owner is a company whose …