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ΕΠΙΣΗΜΟΣ ΕΦΗΜΕΡΙΣ
ΤΗΣ ΚΥΠΡΙΑΙ<ΗΣ ΔΗΜΟΚΡΑΤΙΑΣ
-Αριθμός
1776
ΠαρασKευfι
7
ΜαΤου
1982
427
.
Αριθμός
862
CONVENTION
BEΊWEEN ΤΗΕ
GOVERNMENT OF
ΤΗΕ
HUNGARIAN
PEO~LE'S
REPUBLIC
ΑΝΟ ΤΗΕ
GOVERNMBNT OF
ΤΗΕ
REPUBLIC OF
CYPRιUS
FOR
ΤΗΕ
AVOIDANCE OF OOUBLE
ΤΑΧΑΤΙΟΝ
WITH RESPECT
ΤΟ
TAX:ES
ΟΝ
INCOME
ΑΝΟ ΟΝ
CAPITAL
T'he Government of the Hungarian People's RepubJic and the Government
σf
tl1e RepuIblic
of
Cyprus;
Desiring
1'0
oonclude a Convention for the avoidance
οί
doubJe taxation with respect to taxes
οη
inoome and
οη
capital;
and
Ιο
further develop and
fa.ci
I
liιt:ate
their economic relationship;
have agreed as follows :
ArticJe
1
PERSONAL S<DPE
Jlhis Convention shall apply to persons who
are residents
σf
one
οτ
both of the
Cσntracting
States.
Article 2
TAXES COVERED
1. Thi.s
Conveαtion
shall apply
Ιο
taxes
οη
income and
00
capittal imposed
ση
beha!l,f of a
Cσnmrσti.ng
State
ΟΤ
of i1S political
sulbdiviSΊons
or
locaιΙ authorίties,
irrespeotive
οί
rhe manner
ίη whιich
they are levioo.
2.
T'here shall be regarded
as
taxes
οη
income
and
οη
capital all taxes imposed
οη
total
ίη
come,
οη tσtal
capital, or
οη
elements
οί
income
or
οί
capi,tal, including taxes or gains from thc
alienatiσn
of movable or immovable
prσperty,
taxes
οη
the
ιοαιΙ
amounts of wages or
·salaήes
paid by enterprises,
as
well
a.s
taxes
οη
capital
appreciation.
3. Jlhe existing taxes
Ιο
wh·ioh the Convention
sIhall appl
Υ
are
ίη
,part:icu.Jar :
(a)
Ι,η
the Hungarian People's Repub1ic:
(ί)
the income tJaxes;'
(ίi)
the
prof·ίιt ιtaxes
;
(1ιίί)
the special corpora1:ion tax;
(ίν)
the
hoιιse
Ux ;
(ν)
the tax
οη hou~
values;
(vi) tJhe ground tax ;
(ν,ί~)
the contIiibu'tion
ιο
oommunal
development ;
(vi·ii)the levy
οη dιividends
and pro–
fit distributions of commercial
oompanles,
(hereίnafter
referred to as
tax").
(b)
in the
Republic of
Cypru's:
(ί)
the income tax ;
"Hungaήan
(ίί)
the special contribu,tion ;
(ίίi)
rhe capital ga:ins tax ;
(iv) the
iιnmow:ble
property
ta:x.
(hereinaιί1ter
referred to
as
"Cyprus tax").
4.
Jlhe Convention
shaH
apply also to any
ideπticaIl
or substantial1y
simiιlar
taxes
whicιh
are
imposed after the d,a'te of signa'ture
σf
tJhis
Οοη
ven'tion
ίη
addi'ti()n to, or
ίη
place
01,
the existing
taxes. The
comρetent aurhΌrίtίes
of the Con–
'traoting States sh·al'l notify to eaoh
~her
any
significan't ohanges wh'ich have been m'ade
ίη
their
respeotίve taxati'oπ
Jaws.
Article 3
GENERAL DBFINITIONS
1.
For the purposes
οί thΊS
Convention, unless
the oonltext otherwise requ,ires:
(a) T'he term ' 'Hungari:an People's RepUlblic"
w'hen u'sed
ίη
a
geograιphioal
sense means
~he
terrj:tory of the Hungarian People's
Republic;
(b)
ιthe teιm
,. Cyprus" means the Repu:blic
'0(
Cyprus, and when used
ίη
a geogra–
phical sense means the territory
οί
Cyprus
and any area adj·acent
Ιο
the territorial
W3Jters
οί
CYPI1US which
ία
accordance
Wfί:th inιtemaJti~nal
law
has been
or may
!hereaιf.ter
be designated, under the laws
οί
CWrus conceming
tιhe
Omtinental
Shel,f, a's an area
witthίn
which
ιhe
righ1ts
'Of
CYPI1US
wίιh Γesρect
to
the sea bed
and s'uIb-soil and their
naιtural
resources
may
be
exercised ;
(c) Ivhe
temιs
.. a Oontracting
SΙaJte"
and
"the ot'heL" Contraoting s ·tate" mean the
Hungarian People's Repu:blic
οτ
Cyprus
as the context requires ;
(d) the term "person" includes
aπ
indivi–
dual, a company and any
or!,er
body
οΙ
persons ;