The Department of Merchant Shipping recently announced that it has amended the form for declaration by a legal representative or auditor of a company adopting the tonnage tax system that the company concerned was tax resident in Cyprus for the relevant year.
Immovable property tax is payable by 30 September each year on the market value as at 1 January 1980 of all immovable property in Cyprus registered in the name of the taxpayer at the start of the year.
Article V of the protocol to the double taxation agreement between Cyprus and Russia that entered into effect on 1 January 2013 amended the definition of dividends set out in paragraph 3 of Article 10 of the DTA.
The Council of the European Union has published Regulation 401/2013 which repealed Regulation 194/2008.
The Enterprise and Regulatory Reform Act 2013, enacted on 25 April 2013, will make changes to the process of assessing mergers, acquisitions and corporate joint ventures when it comes into force in April 2014.
On 22 November 2012, the Court of Justice of the European Union dismissed an appeal by E.ON Energie AG against an earlier European Commission decision imposing a EUR 38 million fine for breaking a seal during a dawn raid.
A discussion on the latest developments in implementation of the new cookie consent rule across Europe.
The Article 29 Working Party, an advisory body composed of representatives of the European Commission, the EU data protection supervisor and the data protection authorities of all EU Member States, has recently issued Opinion 03/2013 on Purpose Limitation.
Of two long-debated IP initiatives, the one concerning centralization of Finnish IP disputes has reached its goal and the other one concerning EU wide patent protection has reached a remarkable milestone.
The EU General Court has issued a ruling in the so-called CITIGATE case that further specifies which kind of protection is afforded to trademark families.
The German Parliament adopted new regulatory requirements for algorithmic and high frequency trading.
In a press release in December 2012, the European Commission gave notice that the enforcement of standard-essential patents may constitute an abuse of a dominant market position if the challenged infringer is willing to take out a licence under fair, reasonable and non-discriminatory conditions.
At the end of last year the "cathode ray tube cartel" attracted a lot of attention, when cathode ray tube manufacturers were fined a total of EUR 1.47 billion.
In a ruling by the First Criminal Court, the Federal Court of Justice (BGH) put a definite end to what is known as the "self-importation model" in the import of pirate material.
The Guernsey-domiciled investment company will give investors access to a globally diversified portfolio of convertible securities from a broad range of sectors, offering income alongside the potential for long-term capital growth, the firm said.
Lisa Haggarty and Keith Johnson of Deutsche Bank discuss the key role depositaries play in adapting to the AIFMD.
Fiona Le Poidevin, Chief Executive of Guernsey Finance, explains why the island remains one of the most respected domiciles for the alternative investment industry.
With the Eurozone still struggling to recover, Patricia White, of Legis Fund Services, outlines how Guernsey continues to grow.
Paul Richard of Willis Finex Global explains how the AIFMD will impact fund managers from an insurance and capital requirements perspective.
The Central Bank of Ireland announced in April 2013 that the Deputy Governor, Matthew Elderfield, intended to step down from his position, and is due to leave the Central Bank later in the year.