Following the publication in the Government Gazette on 20 December 2023 of Law N.157(I)/2023 and with effect from 1 January 2024, the Special Defence Contribution rate on interest received or credited by every person (individual and company) who is resident in the Republic is reduced from 30% to 17%.

螠蔚委蠅蟽畏 蟽蠀谓蟿蔚位蔚蟽蟿萎 螆魏蟿伪魏蟿畏蟼 螘喂蟽蠁慰蟻维蟼 纬喂伪 蟿畏谓 螁渭蠀谓伪 蟽蔚 蟿蠈魏慰蠀蟼

螠蔚 喂蟽蠂蠉 伪蟺蠈 1 螜伪谓慰蠀伪蟻委慰蠀 2024, 未畏渭慰蟽喂蔚蠉蟿畏魏蔚 蟽蟿畏谓 螘蟺委蟽畏渭畏 螘蠁畏渭蔚蟻委未伪 蟿畏蟼 螖畏渭慰魏蟻伪蟿委伪蟼 蟽蟿喂蟼 20 螖蔚魏蔚渭尾蟻委慰蠀 2023, 慰 螡蠈渭慰蟼 螡.157(螜)/2023 慰 慰蟺慰委慰蟼 蟿蟻慰蟺慰蟺慰喂蔚委 蟿慰谓 蟽蠀谓蟿蔚位蔚蟽蟿萎 螆魏蟿伪魏蟿畏蟼 螘喂蟽蠁慰蟻维蟼 纬喂伪 蟿畏谓 螁渭蠀谓伪 蟺慰蠀 蔚蟺喂尾维位位蔚蟿伪喂 蟽蔚 蟿蠈魏慰蠀蟼 蟺慰蠀 位伪渭尾维谓蔚喂 萎 蟺喂蟽蟿蠋谓蔚蟿伪喂 魏维胃蔚 蟺蟻蠈蟽蠅蟺慰 (维蟿慰渭慰 魏伪喂 蔚蟿伪喂蟻蔚委伪) 蟺慰蠀 蔚委谓伪喂 魏维蟿慰喂魏慰蟼 蟽蟿畏 螖畏渭慰魏蟻伪蟿委伪 伪蟺蠈 30% 蟽蔚 17%.

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Should you like to further discuss the content and potential impact of the above to your business, please contact one of our trusted advisors from the Tax Department at 乐鱼(Leyu)体育官网 in Cyprus.

George Markides
Board Member
Head of Tax Services
乐鱼(Leyu)体育官网 Limited

Costas Markides
Board Member
International Tax Services
乐鱼(Leyu)体育官网 Limited

Katia Papanicolaou
Board Member     
Direct Tax Services        
乐鱼(Leyu)体育官网 Limited    

Stelios Stylianou
Board Member
Direct Tax Services
乐鱼(Leyu)体育官网 Limited

Michael Halios
Board Member
International Tax Services
乐鱼(Leyu)体育官网 Limited

Michalis Loizides
Board Member
Tax Services
乐鱼(Leyu)体育官网 Limited

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