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Update - Protocol to Tax Treaty between Cyprus and the UK Not Yet in Force

|Treaty Development|Cyprus-United Kingdom
Cyprus-United Kingdom

The protocol to the new tax treaty between Cyprus and the UK did not enter into force on 28 December 2018 as previously reported and is pending completion of the ratification procedures. The protocol, signed 19 December 2018, provides a grandfathering period to choose which basis of taxation they want to apply to their government service pensions, i.e., taxed in accordance with the 1974 Cyprus-…

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