The income tax treaty between Cyprus and Jersey was signed on 11 July 2016. The treaty is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Cyprus income tax, corporate income tax, the special contribution for the Defense of the Republic, and capital gains tax. It covers Jersey income tax. Withholding Tax Rates Dividends - 0% Interest - 0% Royalties - 0% Capital Gains The following capital gains derived by a resident of one Contracting Party may be taxed by the other Party: Gains from the alienation of immovable property situated in the other Party;...