The double tax treaty between Cyprus and Iran which was signed on 4 August 2015 generally applies as from 1 January 2018. The treaty applies to taxes on income as well as profits from sale of immovable property. For Cyprus it covers corporation tax, personal tax, defence tax and capital gains tax. For Iran it covers income tax.
Gains arising from the sale of immovable property are taxed in the country where the property is situated.