Cyprus-Iran Double Tax Treaty to come into effect on 1 January 2018

Cyprus and Iran signed an Income Tax Treaty, on 4 August 2015, for the avoidance of double taxation and fiscal evasion with respect to taxes on income (the Treaty). The Treaty entered into force on 5 March 2017 and will come into effect on 1 January 2018.

With this new Treaty, Cyprus has further expanded its extensive Double Tax Treaty network and strengthens its economic and commercial relations with Iran.