Cyprus plans to discuss with Russia conditions for avoiding double taxation


The Cyprus Ministry of Finance plans to negotiate with Russia on an agreement on the conditions for avoiding double taxation on August 10 and 11, the agency said on Twitter. Thus, Cyprus commented on the message of the Ministry of Finance of Russia about its intention to terminate the agreement. The negotiating group from the Cypriot side will be headed by Finance Minister Konstantinos Petridis. Earlier, the news agency reported that Moscow decided to denounce the double taxation agreement with Cyprus, because Nicosia rejected the Russian proposal, and Russia was not satisfied with its proposals. See also: Breaking the tax agreement of the Russian Federation with Cyprus will not stop capital flight?

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