Insights
Insightful Perspectives with Meaningful Impact
Cyprus’s Parliament passed a bank tax
Cyprus’s parliament on Thursday passed legislation imposing a 0.095 percent tax on deposits of banking institutions, saying part of it would help create a financial stability fund. Lawmakers passed the government bill unanimously. The measure - Read More...
Global Forum on Transparency and Exchange of Information for Tax purposes issued 7 new reports
The Global Forum, hosted by the OECD, has published reports on 7 its members, evaluating their legal and regulatory frameworks for the exchange of information. Aruba: The report makes recommendations regarding the availability of - Read More...
European Commission proposes optional common consolidated corporate tax base
On 16 March 2011, the European Commission proposed in a draft Directive a single method for companies operating in more than one EU Member State to calculate their taxable profits. The system would involve - Read More...
Foreign Investment in Larnaca Free Zone
In an effort to encourage external trade and international commerce through the provision of various incentives such as the abolishment of custom duties and taxes in respect of goods imported into the zones, the Cyprus - Read More...