Finance Ministry floats increase in corporate tax, cut in tax on dividends, interest and capital gainst

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Finance Ministry floats increase in corporate...
 © In-Cyprus 2019
Finance Minister Harris Georgiades has floated the idea of raising the corporate tax in Cyprus from the current 12.5% to 15% in a meeting with business bodies last week.

The idea came as a bombshell since tax reform proposals that are currently under discussion make no reference to changing the tax rate.

The report was run by Nomisma website.

According to Insider’s sources, the minister proposed some changes to set off such an increase, such as reducing the tax on dividends from the current 17% to 15%, reducing the capital gains tax from 20% to 15% and...


This article was automatically added to our system 6-8-2019

Finance Ministry floats increase in corporate tax, cut in tax on dividends, interest and capital gainst


The contents of this article including any associated images are © In-Cyprus 2019
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Article Tags: finance, ministry, floats, increase, corporate, dividends, interest, capital, gainst,