Group items tagged

http://groups.drupal.org/node/259213 A lot has happened to Cyprus over the past 12 to 18 months as the country found itself caught up in the conflagration of the Eurozone debt and banking crisis. As a result, some taxes have been raised on both individuals and companies, but, on the whole, Cyprus remains an attractive jurisdiction for holding companies.Cyprus is no longer an offshore jurisdiction in the strict sense of the word, but its tax regime,coupled with its location at the cross roads of Eastern Europe, the Middle East, North Africa and Asia, an extensive network of double-tax treaties, its membership of the European Union and its sophisticated European business environment and stable economy mean that the island has become an ideal place to locate holding, trading and intermediary companies. Cyprus's taxation regime doesn't stand out particularly among its offshore competitors, butchanges to tax legislation approved in 2002 gave Cyprus the lowest rate of corporate tax in the EU at 10%. Cyprus has also adopted the EU's 'Code of Conduct' on 'harmful tax practices' and is placed on the Organization for Economic Cooperation and Development's (OECD) 'white list' of tax compliant jurisdictions and therefore has a reputational advantage over some of its offshore competitors. Cyprus was also rated as the most attractive tax regime in Europe (with the net attractiveness score of 90%) by a 2009 KPMG poll, ahead of Ireland, Switzerland and Malta. The Income Tax Act No. 118(I) of 2002 applied the 10% corporate tax rate to both 'offshore' and 'onshore' companies, although after a short transition period, this distinction has now been removed; as from January 1, 2003, an offshore company (IBC) no longer has a separate taxation status, and is taxed according to the same principles as a regular company. Thus, IBCs are now allowed to trade inside Cyprus. A pre-existing IBC which made an irrevocable commitment not to trade inside Cyprus until 2006 was able to claim the existi

Theoretically Id prefer to write such as this too - spending time and real effort to create a really good post but what can I only say I procrastinate alot and never appear to go done.

A lot has happened to Cyprus over the past 12 to 18 months as the country found itself caught up in the conflagration of the Eurozone debt and banking crisis. As a result, some taxes have been raised on both individuals and companies, but, on the whole, Cyprus remains an attractive jurisdiction for holding companies.Cyprus is no longer an offshore jurisdiction in the strict sense of the word, but its tax regime,coupled with its location at the cross roads of Eastern Europe, the Middle East, North Africa and Asia, an extensive network of double-tax treaties, its membership of the European Union and its sophisticated European business environment and stable economy mean that the island has become an ideal place to locate holding, trading and intermediary companies. Cyprus's taxation regime doesn't stand out particularly among its offshore competitors, butchanges to tax legislation approved in 2002 gave Cyprus the lowest rate of corporate tax in the EU at 10%. Cyprus has also adopted the EU's 'Code of Conduct' on 'harmful tax practices' and is placed on the Organization for Economic Cooperation and Development's (OECD) 'white list' of tax compliant jurisdictions and therefore has a reputational advantage over some of its offshore competitors. Cyprus was also rated as the most attractive tax regime in Europe (with the net attractiveness score of 90%) by a 2009 KPMG poll, ahead of Ireland, Switzerland and Malta. The Income Tax Act No. 118(I) of 2002 applied the 10% corporate tax rate to both 'offshore' and 'onshore' companies, although after a short transition period, this distinction has now been removed; as from January 1, 2003, an offshore company (IBC) no longer has a separate taxation status, and is taxed according to the same principles as a regular company. Thus, IBCs are now allowed to trade inside Cyprus. A pre-existing IBC which made an irrevocable commitment not to trade inside Cyprus until 2006 was able to claim the existing low tax rate for the three years 2

A lot of of what you claim happens to be supprisingly accurate and it makes me wonder the reason why I had not looked at this with this light previously.

Please take the time to explore our website and learn about the services we provide and the people who are working diligently to help provide Texas, and the US with the energy to continue dynamic growth and prosperity for generations to come. Welcome to Slate Holdings Inc. Slate Holdings, Inc. is the operating arm of Slate Exploration, LLP and the parent of a group of petroleum industry companies that provide multi-faceted service to the oil patch. Since its inception in 2006 Slate Holdings Inc. has experienced rapid growth and expansion in all areas of the petroleum industry, from leasing new acreage for exploration to the acquisition of reliable production assets all over the state of Texas. 3000 MH 379 Mineral Wells, TX 76067 Mailing Address: P.O. Box 1327 Mineral Wells, TX 76068 Office Phone Number: (940) 325-3371 Office Fax: (940) 325-9797

Well, Thanks a lot,this article really help me and very usable i think to your other visitors, one of the excellent article i have read^^

Two men and a woman have been jailed for their part in a £4m offshore boiler room scam based in Spain and Ireland. Brian OBrien and Lynne D'Albertson controlled the operation from Sussex, through a firm called Secure Trade & Title, which acted as a supposedly secure funnel for share purchases.

Some genuinely interesting points you have written.

http://www.moneymarketing.co.uk/regulation/three-jailed-in-4m-offshore-investment-scam/1050198.article Two men and a woman have been jailed for their part in a £4m offshore boiler room scam based in Spain and Ireland. Brian OBrien and Lynne D'Albertson controlled the operation from Sussex, through a firm called Secure Trade & Title, which acted as a supposedly secure funnel for share purchases.

nice post! this is actually made my day.

Cyprus Popular Bank Public Co Ltd (the "Bank") announces that during yesterday's Meeting, the Board of Directors elected Mr Chris Pavlou as Non Executive Vice Chairman. The Bank also announces that, during the period of medical leave of Group ChiefExecutive Officer Mr Christos Stylianides, Mr Takis Phidia, who will be seconded from CNP Laiki Insurance Holdings Ltd, will temporarily undertake duties as Acting Chief Executive Officer. CYPRUS POPULAR BANK PUBLIC CO LTD

it's been so long since I last read such a favorable article...

About us Emerald Leasing is a Land Services Leasing company. Our experienced crew of land professional's work both for the interests of Slate Exploration, and as third party contractors for energy companies seeking to outsource their needs for title and leasing. Some of the services we provide our clients include: Negotiating for the acquisition or divestiture of mineral rights Negotiating business agreements that provide for the exploration for and/or development of minerals Determining ownership in minerals through the research of public and private records Reviewing the status of title, curing title defects and otherwise reducing title risk associated with ownership in minerals Managing rights and/or obligations derived from ownership of interests in minerals Unitizing or pooling of interests in minerals

About us Emerald Leasing is a Land Services Leasing company. Our experienced crew of land professional's work both for the interests of Slate Exploration, and as third party contractors for energy companiesseeking to outsource their needs for title and leasing. Some of the services we provide our clients include:Negotiating for the acquisition or divestiture of mineral rightsNegotiating business agreements that provide for the exploration for and/or development of mineralsDetermining ownership in minerals through the research of public and private recordsReviewing the status of title, curing title defects and otherwise reducing title risk associated with ownership in mineralsManaging rights and/or obligations derived from ownership of interests in mineralsUnitizing or pooling of interests in minerals Read more here: http://www.slateholdingsinc.com/sections/emerald_leasing/emerald_leasing.html

excellent post. fascinating reading. i'd be happy to have you submit your article links for any future postings such as these you feel might be useful for your readership.