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New double tax treaty between Portugal and Cyprus

By KarseraLawFirm, Sep 18 2013 08:05PM

Signed in November 2012 and ratified by Cyprus in March 2013 and Portugal in July 2013. The treaty will take effect in

January 2014.


Withholding taxes for income paid from Portugal to Cyprus (which are lower than the taxes in Portugal) are:

Dividends: 10%

Interest: 10%

Royalties: 10%


Withholding taxes for income paid from Cyprus to Portugal are:

Dividends: 0%

Interest: 0%

Royalties: 0%

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