Tax Advisory & Compliance
lease and sublease of an aircraft

Representative Work

Kinanis LLC provided tax advice with specific reference to extracts from the Cyprus legislation on the tax treatment of the lease income and lease expenses resulted from the operations of a Cyprus company involved with the lease and sublease of an aircraft.

In addition to that Kinanis LLC has also provided tax advice on the tax credit the Cyprus company will be eligible to claim with regards to any taxes paid abroad and we have also addressed substance issues for the Cyprus company.