Following last June’s Tax Alert regarding the successful negotiations on the conclusion of a revised tax treaty between Cyprus and India, the two countries have signed the revised tax treaty on Friday 18th November 2016.
The revised Cyprus-India tax treaty will enter into force once the ratification procedure in both countries is completed. As it was agreed, once the revised
tax treaty enters into force, Cyprus will retrospectively be removed from the list of “Notified Jurisdictions” as from 1st November 2013.
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