Iran, Cyprus sign deal to remove double taxation

TEHRAN, Aug. 08 (MNA) – President of the Iranian National Tax Administration Ali Askari and his Cypriot counterpart signed an agreement in Nicosia on the avoidance of double taxation and fiscal evasion with respect to taxes on income.

The text has been agreed upon between the two delegations from the two countries and will contribute to development of the trade and economic links between the Republic of Cyprus and the Islamic Republic of Iran, as well as other countries.

Askari highlighted that expansion and upgrading of the network of Double Taxation Agreements is of high economic and political importance and aims to further strengthen and attract foreign investment and elevates the importance of Cyprus as an international business center.

 

News Code 109100

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