Cyprus

Cyprus to introduce transfer pricing legislation

Marios Palesis, T.P. Alfa Services, discusses new transfer pricing legislation that was submitted to the Cyprus parliament in June, defining the persons required to maintain documentation files and report related party transactions, as well describing the type of information . . .

Asia-Pacific

Cyprus, Saudi Arabia sign tax treaty 

The governments of Cyprus and Saudi Arabia signed a tax treaty on January 3, Cyprus’s Ministry of Finance has reported. The new tax pact is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on . . .