Cyprus to Discuss Tax Treaty With Russia on June 25: Official

June 19, 2020, 8:20 AM

Cyprus and Russia have arranged a teleconference for June 25 to discuss changes to the tax treaty between the two countries that allows Russian companies not to pay the same taxes twice, George Panteli, permanent secretary at the Cypriot finance ministry says.

  • Both the Russian and Cypriot authorities “want to reach an agreement by end-June,” Panteli says
  • Cyprus believes it’s possible to reach such a deal: Panteli
  • NOTE: Russia May Quit Tax Treaty With Cyprus, Vedomosti Says

To contact the reporters on this story:
Georgios Georgiou in Nicosia at ggeorgiou5@bloomberg.net;
Paul Tugwell in Athens at ptugwell1@bloomberg.net

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