02.19
Tax Advisory & Compliance
tax ruling for a Cyprus non-domiciled tax resident individual with various types of income, both from sources within and outside Cyprus

Representative Work

Kinanis LLC prepared and submitted a tax ruling in relation to a Cyprus tax resident and non-domiciled individual with various types of income, both from sources within and outside Cyprus, such as employment income, remuneration from directorship, income from dividends, sale of shares and interest. 

The client’s total income for 2018 amounted to approximately Euro 22.500.000,00 and total assets around Euro 250.000.000,00.

Kinanis LLC presented a detailed analysis of our Client’s types of income with specific reference to relevant articles from the Cyprus tax legislation and we requested from the Cyprus Tax Authorities a ruling on the tax treatment of the Client’s types of income.