Cyprus Signs a Tax Treaty with Ethiopia for the Avoidance of Double Taxation
The Republic of Cyprus has recently concluded a Double Tax Treaty with the Federal Democratic Republic of Ethiopia.
The treaty was signed on the 30th of December 2015 and is based on the Organisation for Economic Co-operation and Development (OECD) Model Tax Convention framework.
The signing of the Treaty will contribute to the expansion of Cyprus’ trade and economic relations between the two countries as well as with other African developing countries which became a magnet for new investments.
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