Cyprus, Russia agree to amend double tax treaty: Cypriot minister


  • World
  • Tuesday, 11 Aug 2020

NICOSIA, Aug. 10 (Xinhua) -- Cyprus and Russia have agreed to amend their Double Tax Avoidance Treaty after talks in Moscow on Monday, avoiding a costly rift between the two sides, Cypriot Finance Minister Constantinos Petrides said.

Petrides said on his personal Twitter account that the agreement reassures economic ties between Cyprus and Russia, adding that it was an important and mutually beneficial deal.

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