According to a notice published on the OECD's web site, in 2014 Cyprus and 43 other jurisdictions (including Malta, the Netherlands, Great Britain, the Isle of Man and the islands of Guernsey and Jersey) confirmed that the first automatic transfer of tax information, in accordance with the standards proposed by the OECD, would take place in September 2017. It is expected that this group is likely to increase in number as the above countries are joined by other countries willing to support the automatic exchange of tax information.
List of services
Cyprus: automatic exchange of tax data, new property tax rates
Creation of tax-efficient alternatives for structuring sales and acquisitions of Russian and foreign assets. Improving the efficiency of future tax payments in respect of scheduled revenues (dividends, royalties, interest, capital gains tax).
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Tax structuring of cross-border transactions
Successful experience in structuring transactions for sale and acquisition of assets using the main European jurisdictions, including the Netherlands, Switzerland, Luxembourg, Cyprus, for a total amount of approximately USD 3 billion.