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IRS Issues Notice Signaling 2014 and 2015 as FATCA “Transition Period”

IRS Issues Notice Signaling 2014 and 2015 as FATCA “Transition Period”

June 22, 2014 1:21 am

On 2nd May 2014, the IRS (Internal Revenue Service) issued Notice 2014-33 (“Notice”) indicating those calendar years 2014 and 2015 will be taken to be a “transition period” for purposes of enforcement and administration of FATCA (Foreign Account Tax Compliance Act). The notice also highlights certain transition rules that are set to be included in […]

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Cyprus looking forward to closer business ties with UAE

Cyprus looking forward to closer business ties with UAE

June 22, 2014 1:21 am

The head of state says that the implementation of a series of measures that seek to reduce bureaucracy is underway. Dubai: Nico Anastasiades , president of the Republic of Cyprus , said that business relations between UAE and Cyprus are set on solid foundations and championed for the need of boosting economic ties shared by […]

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Dubai Financial Market takes its show to London

Dubai Financial Market takes its show to London

June 22, 2014 1:21 am

The Dubai stock exchanges will showcase their latest incredible performance for global investors at the latest international roadshow hits in London. Dubai Financial Market and NASDAQ are presenting representatives of their fourteen biggest companies to the largest market in the European Trading Zone with the theme- there is more to come. Essa Kazim, the chairman […]

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Finmin officials set to visit Cyprus to negotiate tax agreement

India Ministry of Finance officials set to visit Cyprus

June 22, 2014 1:20 am

New Delhi: India and Cyprus have edged closer towards settling a tax dispute that led to Cyprus being blacklisted by New Delhi. The two countries will in the next coming weeks finalize all the changes to their agreements for the avoidance of double taxation (DTAA), with the inclusion of a contentious exchange of information clause […]

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