Key Benefits:
CHAIR OF THE COUNCIL OF MINISTERS
Proposal for Resolution No 53 /XII
The Portuguese Republic and the Republic of Cyprus signed, on November 19, 2012, in
Brussels, the Convention between the Portuguese Republic and the Republic of Cyprus to Prevent the
Double Taxation and Preventing Tax Evasion in Income Taxes on the Throughput.
The Convention between the Portuguese Republic and the Republic of Cyprus to Avoid the Double
Taxation and Preventing Tax Evasion in Income Taxes on the Income
eliminate the double international legal taxation of income earned by residents
of one or both of the States and the prevention of tax evasion practices.
The said Convention represents an important contribution to the creation of a
updated tax environment and favourable to the development of trade and
of the flows of investment between both states.
Thus:
Under the terms of the paragraph d ) of Article 197 (1) of the Constitution, the Government presents to the
Assembly of the Republic the following motion for a resolution:
Approve the Convention between the Portuguese Republic and the Republic of Cyprus to Avoid the
Double Taxation and Preventing Tax Evasion in Income Taxes on the Throughput,
signed in Brussels, November 19, 2012, the text of which, in the authenticated versions in the
Portuguese, Greek and English languages, publishes in annex.
Seen and approved in Council of Ministers of December 27, 2012
The Prime Minister
CHAIR OF THE COUNCIL OF MINISTERS
The Minister of State and Foreign Affairs
The Deputy Minister and Parliamentary Affairs