Cyprus and Iran sign agreement to avoid double taxation

Cyprus and Iran signed an agreement on the Avoidance of Double Taxation, paving the way for the expansion of business and investment opportunities between the two countries, three weeks after world powers reached a deal on Iran`s nuclear activity to gradually lift international sanctions.

The Agreement on the Avoidance of Double Taxation and Fiscal Evasion with respect to taxes on income was signed in Nicosia in the presence of Deputy Finance minister of Iran Αli Askari on Tuesday August 4 2015.

Article Source: http://www.cna.org.cy