Cyprus and Mauritius amended their DTAA signed on 21 January 2000, after a convention in Pretoria, South Africa, on 23 October 2017. Only Article 27 of the treaty which concerns Exchange of information was updated. The original agreement as well as the amendments follows the OECD model tax convention for the avoidance of double taxation on income and capital. Exchange…

Dear all, We are pleased to inform you that Tax Year Book 2018/19 is now published online in our website. Tax Year Book, the biyearly-published Reanda International Tax handbook, provides the tax rates, main reliefs and exemptions for territories where Reanda has representation Please click here to obtain a copy of English version of Tax Year Book 2018/19. Alternatively, you…

We are pleased to inform you that the Reanda International Annual Review 2017 has now been published on the Reanda International website. The Review provides an overview of our network's development and performance for the year 2017. The Review is available at:   Download PDF

Cyprus and Andorra signed their first Double Taxation Avoidance Agreement (DTTA) on 18 May 2018, which was published in the Gazette on 1 June 2018. The treaty is based on the OECD Model Tax Convention framework and will be in force as soon as the remaining legal procedures between the two countries are completed and will take effect as from…

According to the Income Tax Office legislation, each company needs to estimate its final taxable income for the current year and pay two equal installments on the estimated tax before/at the following dates:1. 31 July - current year2. 31 December - current year If the Company fails to do so by submitting the IR6 declarations and its operations result in…

The latest issues of PRISM – the quarterly tax newsletter, which is part of Reanda’s effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics.Read the publication. Highlights AustraliaPart One1. What is a trust?2. What elements are required to form a valid trust structure?3. How does trust integrate…