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Cyprus News Agency: News in English, 13-11-07

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Cyprus Sports Organisation and the Israeli Sports Authority
  • [02] Cyprus -India double tax treaty not terminated, Finance Ministry

    clarifies


  • [01] Cyprus Sports Organisation and the Israeli Sports Authority

    An agreement for cooperation in sports was signed today in Tel Aviv between Cyprus and Israel. According to a press release, the agreement was signed between the Cyprus Sports Organisation and the Israeli Sports Authority.

    The agreement provides for exchange of expertise and know-how in the field of competitive sports, exchange of athletes, teams , coaches and athletes with disabilities and participation in coaching camps, sharing knowledge, experiences and information on "sports for all" programs.

    [02] Cyprus -India double tax treaty not terminated, Finance Ministry clarifies

    The double tax treaty between Cyprus and India has not been terminated, the Ministry of Finance clarifies in a press release issued here on Thursday.

    The Ministry says in its press release that "the Ministry of Finance of the Republic of India has issued a press release on November 1st, 2013 stating that it has taken the decision to notify Cyprus as a notified jurisdictional area under section 94A of the Income-tax Act, 1961".

    The Ministry of Finance of the Republic of India has taken the above unilateral measure, considering that in their view the information provided by the competent authorities of the Republic of Cyprus, under the existing double tax treaty between Cyprus and India did not adequately address the inquiries of the relevant authorities of the Republic of India, it adds.


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