The Russian Federation and the Republic of Cyprus have signed a new double taxation protocol which secures Cyprus’ removal from the ‘blacklist’ of jurisdictions which have not demonstrated a sufficient level of cooperation with the Russian tax authorities. The existing tax treaty between Russia and Cyprus has been one of the major reasons for the huge [...]
The Cyprus Commission for the Protection of Competition (“CPC”) dismissed an application for interim measures by CYTA against Hermes Airports Ltd alleging violations of sections 3 and/or 6 of the Protection of Competition Law 13(I) of 2008 (“Law 13(I)/2008”) – as well as of articles 81 and/or 82 EC.
The Protection of Competition Law 13(I) of 2008 was published in the Official Gazette of the Republic of Cyprus on April 18, 2008, date upon which it entered into force. It repeals all previous relevant Laws, namely Laws 207/1989, 111/1999, 87(I)/2000 and 155(I)/2000, becoming the main legal instrument providing for the protection of competition on [...]
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