KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
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in Switzerland
On 18 April 2023, the Upper House of the Dutch Parliament
approved the first of its kind Double Tax Treaty
("Treaty") between the Republic of Cyprus and The Kingdom
of the Netherlands, which was signed on 1 June 2021.
The ratification process in the Netherlands will be finalised by
the signature of the Treaty by the King of the Netherlands. The
ratification process in Cyprus has been completed with the
publication of the Treaty in the Cyprus Government Gazette on 4
June 2021.
The ratification process will be finalised upon the exchange of
Notification letters.
The Treaty is anticipated to be effective from 1 January
2024.
For more information and details, please refer to our previous
Tax alert.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
