In Cyprus

The design is tax demanding, but rewarding and should be implemented only by tax offices for international tax law. Caution is recommended in pure letter caste designs and/or solutions with so-called nominee directors. Such designs are illegal even in the EU. Cypriot tax tax-free appropriation of profits on the part of resident in Austria silent partner (subject to progression) the following represented structure has been created already around fifty times for Austrian clients. If this has piqued your curiosity, check out The Florey Institute. Ten clients who opted for this structure, gave each three times their annual income tax return after you create the structure (three years), in Vienna, Krems on the Danube, Graz and Linz. In any case, it came to complaints or even to the non-recognition of the tax-free in Austria appropriation of profits the Cypriot partnership. The following shown structure is based inter alia on paragraphs 1 and 8 of article 7 of the double taxation treaty between Austria and Cyprus, published in the Federal Law Gazette for the Republic of Austria on the reproduced. It says: article 7 (1) the profits of an enterprise of a Contracting State shall be taxable only in that State, unless the enterprise carries on business in the other Contracting State through a permanent establishment situated therein.

(u0085) (8) the term used in this article gains”includes also gains a partner from his participation in a partnership, including participation in a peaceful society. Therefore it is if a profit is extracted from a Cypriot company (= limited partnership) to the extraction of profit, and not to the distribution of dividends according to article 10 of the Double taxation income. Profit withdrawals taxpayers are one in Austria to tax para 8 only in Cyprus but pursuant to article 7. In Cyprus, the profits of a partnership are however not taxable (limited partnership), if the affected shareholders of the partnership not in Cyprus is resident.

Common School Units

LAW A. .. Request a special maternity leave for a period of six months without pay, from the date of expiry of the period of maternity being discharged when one survivor of that period the birth of a child with Down syndrome. During the period of this special leave the employee will receive a family allowance whose amount is equal to the pay she would have received if he had served. This benefit is paid under the same conditions and with the same requirements that correspond to the maternity allowance. LIMITATIONS: For the exercise of this right, the employee must forward a credible diagnosis of the newborn, evidence to the employer by a medical certificate issued by official health authority with a notice of fifteen days from the date of expiry of the period of prohibition of work for maternity. LAW: Law 24 716. LAW A.

.. Learn more about this topic with the insights from City College of New York. Receive an allowance for a disabled child no age limit. The feature that sets these rules are not be seized for any purpose. LIMITATIONS: The allowance is paid from the month stating the child's disability, by the competent authority, ruled by the Article 2 of the National Law 22 431 with the employer. LAW: Law Art 24 714 6th and 8th. LAW A. .. Join the Common Education, through the full development of their capabilities. The situation of the students served in centers or special schools will be reviewed periodically by professional teams, so as to facilitate, where possible, in accordance with both parents, the integration into the Common School Units.