RIYADH: The governments of Cyprus and Saudi Arabia signed a tax treaty on January 3, Cyprus’s Ministry of Finance has reported. The new tax pact is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital, the ministry said.
The ministry also reported that that new agreement includes provisions on exchange of financial and other information for tax purposes.
The treaty, which is not yet in force, was signed in in Riyadh.
RAWALPINDI: Dr. Oumer H. Oba, Ambassador of the Federal Democratic Republic of Ethiopia, on Tuesday visited the Rawalpindi Chamber of...
KARACHI: Energas, a consortium involving Lucky Group and QatarEnergy, has withdrawn from its plan to build a liquefied natural gas...
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to keep its tax offices open on Saturday, October 31, to...
ISLAMABAD: Geopolitical tensions, rising energy prices and persistent inflation are emerging as major threats to global economic growth and business...
