The Tax Department has announced that the double tax agreeement with Bahrain, which was signed on March 9 2015, entered into force on April 28 2016. The provisions of the double tax agreement between the two countries will have effect for the tax years beginning on or after January 1 2017 and for taxes withheld at source on or after that date.
For further enquiries on the above topic please contact Loizos Papacharalambous or Loucas Koushos at Koushos, Korfiotis, Papacharalambous LLC by telephone (+35722664555) or e-mail (loizosp@kkplaw.com, lkoushos@kkplaw.com)
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