Cyprus and Latvia sign Treaty for the Avoidance of Double Taxation on Income
The Treaty will contribute to the further development of the trade and economic relations between the Republic of Cyprus and the Republic of Latvia, as well as with other countries.
The update, maintenance and extension of the existing network of Treaties for the Avoidance of Double Taxation, which are of great economic and political importance, aim at further enhancing and attracting foreign investments and promoting Cyprus as an international business center.
The Treaty is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital.
