Knowledge base

Royalties in Singapore

The Income Tax Act does not give a definition for royalties. However, royalties can be defined as a payment for the right to use a patent, copyright and other intellectual property. E.g. payment for every book sold or an artist album sold on VCD. Royalties are defined in Article 12 of the OECD Model…


Cyprus Interest and Royalties

No withholding tax applies on interest and royalties when paid from a Russian Company to a Cypriot company. This was ratified on the Protocol and signed by Russia and Cyprus during 2012 and implemented in 2013. According to the Protocol the current withholding taxes will continue to apply 0% to interest…