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Cyprus Luxembourg Sign DTT

Double taxation agreement signed between EU members Cyprus and Luxembourg.

Published on: 08 May 2017

Cyprus and Luxembourg recently signed a double tax avoidance and prevention of tax evasion treaty, based on the model convention of the Organisation for Economic Cooperation and Development, the finance ministry said.

Finance minister Harris Georgiades and his Luxembourgian counterpart Pierre Gramegna signed the agreement, which aims at helping the two European Union (EU) member states strengthen bilateral ties.

Luxembourg was one of the few countries with which Cyprus had no double taxation agreement in place.

 

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