Cyprus and DAC6
The Directive (EU) 2018/822 expand once more the provisions of the Directive 2011/16/EU – Directive on Administrative Cooperation (DAC), regarding mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements. The Directive (EU) 2018/822 represents the 6th modification of DAC, and for this purpose it is called DAC6.
Transfer Pricing in Malta
The tax environment has experienced significant changes the past years, in view of the international consensus to combat harmful tax practices. Countries around the world are collaborating to improve the coherence of international tax rules and ensure a more fair tax environment, through the OECD recommendations.
CYPRUS INVESTMENT PROGRAM
As apart of its policies aiming to further encourage Foreign Direct Investment andto attract high net worth individuals to settle and do business in Cyprus theCouncil of Ministers, on the 13th ofSeptember 2016, revised the “CyprusInvestment Program” and, thus, established the new criteria and termsbased on which non–Cypriot entrepreneurs/ investors and members of theirfamilies may submit …
Renegotiating the Cyprus Russia Double Tax Treaty – Suggestions
CHANGES REQUESTED BY THE RUSSIAN FEDERATION As it is known already, the Russian Federation has sent an official notification to the Republic of Cyprus asking for the renegotiation of the Double Tax Treaty (DTT) agreement between the two countries. In effect the Russian Federation is requesting to increase the withholding tax rates on dividend income …
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Greece provides the best immigration investment opportunity through the ‘’Golden Visa’’ law.
Greece provides the best investment immigration opportunity through the ‘’Golden Visa’’ law. Permanent Residence Permit granted with a 250.000€ real estate investment. The Greek Golden Visa program is one of the most renowned investment immigration programs in the world and competes with the US EB-5 program in the global golden visa rally. According to Greek Ministry of …
Cyprus Rent Control Act 1983 amendments introducing a fast track eviction for non-paying tenants
The Republic of Cyprus on the 31stof January 2020 has passed a much needed amendment in the Cyprus Rent ControlAct 1983 (Amendment 3(1)/2020) providing landlords the necessary tools torecover any unpaid rents but most importantly evict a non-paying tenant using afast track method.
Covid-19 Impact On Rental Contracts In UAE
In this pandemic situation, preserving good health of residents is indeed, yet not only the primary concern of the government of UAE as they are still issuing circulars with an intention to ease the situation of most of residents or foreign expatriates in UAE by allowing some relaxation in rental contracts.
Important NZ ETS compliance deadline 31 March 2020
We appreciate businesses are likely focused on responding to pressing issues resulting from COVID-19. However, some of those businesses also have a looming NZ ETS compliance deadline of 31 March 2020 – this coming Tuesday. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates
The impact of COVID-19 on construction projects
As with the rest of the economy, the construction sector is currently facing a range of uncertain implications arising from the COVID-19 pandemic. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates
Options for construction projects during Alert Level 4
On 19 March 2020 we published an article focussing on how the general conditions of NZS 3910:2013 respond to the circumstances created by COVID-19. Optimistically, we envisaged a follow up article focussing on the options for procuring new construction projects in the post-COVID-19 world. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates