The income tax treaty between Barbados and Cyprus was signed on 3 May 2017. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Barbados income tax and corporation tax, and covers Cyprus income tax, corporate income tax, the special contribution for the defense of the Republic, and capital gains tax. Withholding Tax Rates Dividends - 0% Interest - 0% Royalties - 0% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains from the alienation of immovable property situated in...