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FRA11/2014 ALERT - Virtual Currency (March 2014)

The technological breakthrough combined with the increased use of the internet led to the expansion of virtual communities. Virtual currency debuted at virtual communities, such as gaming environments and social networks, as means of payment for buying virtual goods and services...

TX4/2014 ALERT - Electronic Submission for the Income Tax Returns for Companies (I.R.4) for the Tax Year 2012 (28 Jan 2014)

We would like to inform you that...

TX5/2014 ALERT - Recent Actions Announced by Russian Federation Government for de-offshorization law (8 April 2014)

On 18 March 2014, the Russian Ministry of Finance has made available the draft Law which introduces concepts of CFC (Controlled Foreign Company) in Russia for tax purposes.

TX7/2014 ALERT - Double Taxation Treaty between the Government of the Republic of Cyprus and the Government of the United Arab Emirates (April 2014)

The governments of Cyprus and United Arab Emirates signed, on 27 February 2011, a Convention for the avoidance of double taxation and the prevention of income tax evasion.

FRA15/2014 ALERT - FATCA, Implications for Cyprus Financial Institutions and Future Developments (April 2014)

The Foreign Account Tax Compliance Act (hereafter "FATCA") signed into law in the US in March 2010 as a part of the Hiring Incentives to Restore Employment (hereafter "HIRE") Act (Pub. L. No. 111-147).

FRA16/2014 ALERT - CIFs courses for Sept 2014 Examination

Cyprus Investment Firms CoursesBasic Financial Services Legal FrameworkAdvanced Financial Services Legal FrameworkSeptember 2014 Certification Exams

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