05 06 2018
On April 21, 2009, the Russian Federation and the Republic of Cyprus signed a Protocol amending the Double Tax Treaty between the two countries, which has been in place since 1998. The removal of Cyprus from the black list, placed there in 2008, means that Russian companies with Cypriot subsidiaries can qualify for the Russian dividend participation exemption.
04 04 2018
Based on the newly voted provisions qualifying intangible asset means an asset which was acquired, developed or exploited by a person in furtherance of his business, which is the result of research and development activities and includes intangible assets for which only economic ownership exists.