Date: 04 May 2022
In accordance with the Cyprus Ministry of Finance website, the first ever concluded Double Tax Treaty between Cyprus and the Hashemite Kingdom of Jordan (the “Treaty”) entered into force on 11 April 2022.
The Treaty, which was signed on 17 December 2021, will enter into effect as from 1 January 2023.
For a summary of the Treaty’s main provisions, please refer to our January 2022 Tax Alert which can be accessed here.
For more information and how this can impact your business, feel free to contact one of the following advisors, or, as appropriate, your local KPMG contact.