The income tax treaty between Andorra and Cyprus was signed on 18 May 2018. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Andorran corporate income tax, personal income tax, tax on income for fiscal non-residents, and tax payable on the increase in value in immovable property transfers. It 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...