DTT Table (Received in Cyprus) - updated Jun '17
DTT Table (Paid from Cyprus) - updated Jun '17
1) Received in Cyprus
*Important Notes:
*Possible use can be made of EU Directives to eliminate or reduce these rates - so rendering the treaty benefits is redundant. Treaties will be used where EU Directives are not applicable.
|
|
|
|
|
Armenia |
0/5 |
5/0 |
5 |
Austria |
10 |
0 |
0 |
Bahrain |
0 |
0 |
0 |
Belarus |
5/10/15 |
5 |
5 |
Belgium |
10 / 15 |
10 / 0 |
0 |
Bosnia |
10 |
10 |
10 |
Bulgaria |
10/5 |
7/0 |
10 |
Canada |
15 |
15 / 0 |
10 / 0 |
China |
10 |
10 |
10 |
Czech Republic |
5/0 |
0 |
10 |
Denmark |
15/0 |
0 |
0 |
Egypt |
15 |
15 |
10 |
Estonia |
0 |
0 |
0 |
Finland |
5/15 |
0 |
0 |
France |
5/15 |
10 / 0 |
0/5 |
Georgia |
0 |
0 |
0 |
Germany |
5/15 |
0 |
0 |
Greece |
25 |
10 |
0 / 5 |
Guernsey |
0 |
0 |
0 |
Hungary |
5/15 |
10/0 |
0 |
Iceland |
10/5 |
0 |
5 |
India |
10/ |
10/ 0 |
10 / |
Ireland |
0 |
0 |
0 / 5 |
Iran |
10 / 5 |
5 |
6 |
Italy |
15 |
10 |
0 |
Jersey |
0 |
0 |
0 |
Kuwait |
0 |
0 |
5 |
Latvia |
0 |
0 |
0 |
Lebanon |
5 |
5 / 0 |
0 |
Lithuania |
0/5 |
0 |
5 |
Malta |
0 |
10/ 0 |
10 |
Mauritius |
0 |
0 |
0 |
Moldova |
10/5 |
5 |
5 |
Montenegro |
10 |
10 |
10 |
Norway |
15/0 |
0 |
0 |
Poland |
5/0 |
5/ 0 |
5 |
Portugal |
10 |
10 |
10 |
Qatar |
0 |
0 |
5 |
Romania |
10 |
10/ 0 |
5 / |
Russia |
5 / 10 |
0 |
0 |
San Marino |
0 |
0 |
0 |
Serbia |
10 |
10 |
10 |
Seychelles |
0 |
0 |
5 |
Singapore |
0 |
10 / 7 |
10 |
Slovakia |
10 |
10/ 0 |
5 / 0 |
Slovenia |
5 |
5/0 |
5 |
South Africa |
5 |
0 |
0 |
Spain |
0/5 |
0 |
0 |
Sweden |
5/15 |
10/ 0 |
0 |
Switzerland |
0 |
0 |
0 |
Syria |
0/15 |
10/ 0 |
15 / 10 |
Thailand |
10 |
15 / 10 |
5 |
Ukraine |
15/5 |
2 |
5 |
United Arab Emirates |
0 |
0 |
0 |
United kingdom |
15/0 |
10 |
0/5 |
United States of America |
15 / 5 |
10 / 0 |
0 | | | | 2) Paid from Cyprus
*Important Notes:
*Low or no withholding taxes on outgoing dividends, interest and royalties (no withholding tax on dividends and interest – therefore there is no columns included below - no withholding tax on royalty payments for use of the rights outside Cyprus, 10% if the rights will be used in Cyprus (subject to DTT & EU Directives) and 5% on films (subject to DTT & EU Directives).
* If the rates of Cyprus tax are lower than those provided by the relevant treaty, then the lower rates are applicable in favor of the taxpayer.
*Possible use can be made of EU Directives to eliminate or reduce these rates - so rendering the treaty benefits is redundant. Treaties will be used where EU Directives are not applicable No tax is withheld when the royalty is paid for use outside Cyprus.
*The gross income derived from sources within the Republic, for technical assistance provided by any non-Cyprus resident person, is subject to 10% withholding tax. Such income is exempt from withholding tax if the services are provided by a permanent establishment in Cyprus.
*The gross income derived by an individual non-resident in Cyprus, from the exercise of any profession or vocation in Cyprus or of public entertainers not resident in the Republic, and the gross receipts of any theatrical or musical or other group of public entertainers, including football clubs and other athletic missions from abroad, derived from performances in the Republic is subject to 10% withholding tax.
*The gross income derived within the Republic by a non-resident person that has no permanent establishment in Cyprus in relation to services performed in the Republic with respect to the extraction, exploration or exploitation of the continental shelf, subsoil or natural resources, as well as the installation and exploitation of pipelines and other installations on the ground, the seabed or above the surface of the sea, is subject to 5% withholding tax.
Armenia |
5 |
Austria |
0 |
Bahrain |
0 |
Belarus |
5 |
Belgium |
0 |
Bosnia |
10 / 5 |
Bulgaria |
10 / 5 |
Canada |
10 / 5 / 0 |
China |
10 / 5 |
Czech Republic |
0 / 10 |
Denmark |
0 |
Egypt |
10 / 5 |
Estonia |
0 |
Finland |
0 |
France |
0 /5 |
Germany |
0 |
Greece |
0 /5 |
Guernsey |
0 |
Hungary |
0 |
Iceland |
5 |
India |
10 / 5 |
Ireland |
0 /5 |
Italy |
0 |
Kuwait |
5 |
Latvia |
0 / 5 |
Lebanon |
0 |
Lithuania |
5 |
Malta |
10 / 5 |
Mauritius |
0 |
Moldova |
5 |
Montenegro |
10 / 5 |
Norway |
0 |
Poland |
5 |
Portugal |
10 / 5 |
Qatar |
5 |
Romania |
5 / 0 |
Russia |
0 |
San Marino |
0 |
Serbia |
10 / 5 |
Seychelles |
5 |
Singapore |
10 / 5 |
Slovakia |
5 / 0 |
Slovenia |
5 |
South Africa |
0 |
Spain |
0 |
Sweden |
0 |
Switzerland |
0 |
Syria |
10 / 5 |
Thailand |
5 / 10 |
Ukraine |
5 / 10 |
United Arab Emirates |
0 |
United Kingdom |
0/5 |
United Sates of America |
0 | | |
* No tax is withheld when the royalty is paid for use outside Cyprus |