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CYPRUS TAXATION

Austerity bites as Islamic State's oil profits hit by way of US-led bombing marketing campaign

A British Royal Air power Eurofighter storm fighter jet is viewed on the tarmac at the British airbase at Akrotiri, close to Cyprus' second city of Limassol. Britain joined the usa-led bombing marketing campaign over Syria on December 3, hitting an oil box held by means of …
read extra on Telegraph.co.uk

South Africa Confirms Retirement Fund Tax Harmonization

Following parliamentary passage of the 2015 Taxation rules amendment invoice (TLAB), the South African nationwide Treasury has confirmed that reforms to make sure the constant tax treatment of all retirement dollars shall be carried out from March 1, 2016.
read extra on Tax-news.com

Cyprus Introduces Partnerships limited by using Shares

The amending statute introduces the partnership limited by using shares ("restricted legal responsibility Partnership" or "LLP"), being the Cyprus similar of a Luxembourg SCSp. The amending statute … Taxation, if any, arises on the level of the partners. various …
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