//Taxation of overseas Permanent Establishment priorities

Taxation of overseas Permanent Establishment priorities

Taxation of overseas Permanent Establishment priorities

2018-05-31T10:58:51+00:00February 2nd, 2012|Tax Advantages|

Profits from a Permanent Establishment abroad are exempt from tax. The exemption does not apply if the Overseas Permanent Establishment:

  • Engages directly or indirectly by more than 50% in activities that lead to investment income and
  • The overseas tax burden on its income is significantly lower than the Cyprus tax burden (less than 5%)