• Amendments to the Tax Legislation in Cyprus
  • September 15, 2015
  • Law Firm: Kinanis LLC - Nicosia Office
  • In this month’s Tax Update we will analyse in more detail the changes introduced by the tax reform which include the introduction of Notional Interest deduction on qualifying equity, the introduction of the “Resident but not-domicile” tax status for individuals and their full exemption from Special Defence Tax Law as well as various incentives to boost the real estate sector. We will also briefly mention the proposed amendments that are expected to be voted in September.