All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

Cyprus to increase tax on business

Matthew Gilleard
April 22, 2013
Share
cyprus.jpg

Cyprus has confirmed it will raise the corporate tax rate as part of a package of measures tied to a €10 billion ($13 billion) bailout package.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login

Tags

NewsCyprusDirect TaxEuropean UnionEurope
MG
Matthew Gilleard
Follow on
Matthew Gilleard worked at ITR between 2010 and 2016

More from across our site

Budapest city skyline at Hungalian Parliament and Danube River,
Hungary rejects plan for 15% corporation tax rate
The state secretary told the French press that the country continues to oppose pillar two’s global minimum tax rate following an Ecofin meeting last week.
June 24, 2022
erik-mclean-gas-tax.jpg
This week in tax: Biden’s energy tax holiday runs out of gas?
This week the Biden administration has run into opposition over a proposal for a federal gas tax holiday, while the European Parliament has approved a plan for an EU carbon border mechanism.
Josh White, June 24, 2022
turag-microsoft-tax-2000.jpg
Microsoft makes the case for better tax data management
Businesses need to improve on data management to ensure tax departments become much more integrated, according to Microsoft’s chief digital officer at a KPMG event.
Josh White, June 23, 2022
MicrosoftTeams-image.png
Companies must prepare for TP risks as US Libor deadline looms
Businesses must ensure any alternative benchmark rate is included in their TP studies and approved by tax authorities, as Libor for the US ends in exactly a year.
Leanna Reeves, June 23, 2022
Businesses left vulnerlable_VAT planning.jpg
Businesses left vulnerable by lack of strong VAT planning
Tax directors warn that a lack of adequate planning for VAT rule changes could leave businesses exposed to regulatory errors and costly fines.
Siqalane Taho, June 22, 2022
Pause NI supply chain changes - 1.jpg
Companies urged to pause Northern Ireland supply chain changes
Tax professionals have urged suppliers of goods from Great Britain to Northern Ireland to pause any plans to restructure their supply chains following the NI Protocol Bill.
Siqalane Taho, June 22, 2022
Close-up of a woman's ear and hand through a torn hole in the paper. Yellow background, copy space. The concept of eavesdropping, espionage, gossip and tabloids.
Taxpayers still rely on market whispers to manage risk
Tax leaders say communication with peers is important for risk management, especially on how to approach regional authorities.
Danish Mehboob, June 20, 2022
Magnifying glass close up with world map
In-house hunt for technologists amid digitalisation
Advances in compliance tools in international markets and the digitalisation of global tax administrations are increasing in-house demand for technologists.
Danish Mehboob, June 20, 2022
mcdonalds-450433.jpg
McDonald’s to pay €1.25bn to settle French tax evasion case
The US fast-food company has agreed to pay €1.25 billion to settle the French investigation into its transfer pricing arrangements over allegations of tax evasion.
Leanna Reeves, June 17, 2022
HMRC.jpeg
This week in tax: HMRC delays pillar two adoption
HM Revenue and Customs said the UK pillar two legislation will be delayed until at least December 2023, while ITR reported on a secret Netflix settlement and an IMF study on VAT cuts.
Danish Mehboob, June 17, 2022
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree