30 JUNE 2016 – CYPRUS AND INDIA NEGOTIATIONS FOR REVISED DTT – COURTESY OF PWC

On 30 June 2016 the Cyprus Government announced that negotiations for a revised DTT between Cyprus and India have been completed and agreement reached upon the text. The announcement sets out that the revised DTT includes provisions for source based taxations for capital gains from the alienation (disposal) of shares with a “grandfathering”  provision for investments undertaken prior to 1 April 2017.

PWC N-8-2016

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