Cyprus signs tax agreement with US
- DATE: Dec 03, 2014
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- CATEGORY: FINANCE
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- AUTHOR: OPulse Admin
Cyprus and the US on Tuesday signed in Nicosia a Foreign Account Tax Compliance Act agreement aiming to ensure full reporting of foreign financial assets held by American taxpayers.
This will greatly enhance the profile of Cyprus as a transparent international business centre.
The agreement was signed between Finance Minister Harris Georgiades and US ambassador John M. Koenig.