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Cyprus and Egypt signed on Tuesday an updated Agreement for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion and Avoidance, incorporating the OECD model convetion. The agreement was signed in Cairo, Egypt, by Cypriot Foreign Minister Nikos Christodoulides and his Egyptian counterpart, Sameh Shoukry. Christodoulides visited Cairo to take part in the Trilateral Summit between Egypt, Greece and Cyprus. According to a press release issued by the Cyprus Finance Ministry, the new text …
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