Trouble in Olivewood as MPs row over film tax incentive law

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Trouble in Olivewood as MPs row over film tax...
 © CyprusMail 2020
Opposition parties cried foul on Wednesday over a law concerning tax breaks brought in to kick start Cyprus as a foreign film location – dubbed Olivewood.

The law was rejected by the president and sent back to parliament only for MPs to discover that it contained an unconstitutional provision when it was originally submitted by the administration as a bill.

The bill, which amended the income tax law, concerns state incentives to the audiovisual industry which parliament approved on November 2.

At the time, parliament added a provision that...


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This article was automatically added to our system 29-11-2018

Trouble in Olivewood as MPs row over film tax incentive law


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Article Tags: trouble, olivewood, incentive,