Capital Gains Tax – amendments

CAPITAL GAINS TAX On 10th of December 2015, the House of Representatives voted a number of significant tax law amendments that were published in the Government Gazette on 17 December 2015. Capital Gains Tax Gain from disposal of shares in Companies that indirectly own immovable property located in Cyprus will …

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Taxation of Individuals – amendments

TAXATION OF INDIVIDUALS On 10th of December 2015, the House of Representatives voted a number of significant tax law amendments that were published in the Government Gazette on 17 December 2015. Extension on the exemption from first employment in Cyprus Foreign individuals not being Cyprus tax residents before their employment …

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Income Tax – amendments

AMENDMENTS TO THE CYPRUS TAX LEGISLATION On 10th of December 2015, the House of Representatives voted a number of significant tax law amendments that were published in the Government Gazette on 17 December 2015. INCOME TAX Tax neutrality of foreign exchange differences (realized and unrealized) The law is amended with …

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