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| new Cyprus tax leguslation on interest? https://mail.paphospeople.com/ppforum/viewtopic.php?f=47&t=29870 |
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| Author: | RN13 [ Sat Aug 22, 2015 11:29 am ] |
| Post subject: | new Cyprus tax leguslation on interest? |
Hallo Has there been any change in tax on interest which jumped from 10% to 30%? Thank you |
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| Author: | Big Nev [ Sat Aug 22, 2015 11:39 am ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
not since your 1st post RN13 |
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| Author: | Number6 [ Sat Aug 22, 2015 12:01 pm ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
What's this thing about "non domiciled" don't have to pay defence tax ? |
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| Author: | RN13 [ Sat Aug 22, 2015 12:33 pm ] |
| Post subject: | Re: new Cyprus tax legislation on interest? |
Seemingly new legislation proposed July 2015 whereby 30% defence tax on interest would cease to apply to people residing but not domiciled in Cyprus. |
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| Author: | RN13 [ Mon Aug 24, 2015 2:10 pm ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
I have now received confirmation that if one is a tax resident of Cyprus but not domuciled in Cyprus, then zero tax on interest. Apparently new legislation - July 2015. |
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| Author: | toonarmy9752 [ Mon Aug 24, 2015 5:43 pm ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
https://scontent-mxp1-1.xx.fbcdn.net/hphotos-xpf1/v/t1.0-9/11817206_10153493489914764_8547060851281129083_n.jpg?oh=f53024de9616fe47966405b96a7fcfba&oe=563FD067 am thinking it may be applicable sept 4th |
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| Author: | RN13 [ Tue Aug 25, 2015 7:56 am ] |
| Post subject: | Re: new Cyprus tax legislation on interest? |
My understanding is July 2015. However, i have enquired & await reply. |
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| Author: | Number6 [ Tue Aug 25, 2015 8:19 am ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
Thanks for that link toonarmy , I could not get my head round this domiciled business . But the way I read it , although i have lived here 5 years I have my yellow slip and am in the Cyprus tax system , I am considered "non domiciled " until I reach 17 years here (if I live that long  )Not that it makes much odds to me , I only get a few pennies a year interest , but I can see it will be a plus to some people . |
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| Author: | RN13 [ Thu Aug 27, 2015 12:53 am ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
Confirmation now received that new leguslation came into force last month-July 2015 |
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| Author: | toonarmy9752 [ Thu Aug 27, 2015 6:58 am ] |
| Post subject: | Re: new Cyprus tax leguslation on interest? |
Thanks for that RN13 |
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