Workers are taxed into the remuneration, and bonuses and you may specific employment pros in kind
A handful of important exemptions are available (come across Exempt money lower than). Employees are not taxed into the reimbursements to own company travelling and you can team enjoyment costs. Retirement benefits received regarding overseas to have characteristics made exterior Cyprus is actually nonexempt within flat rate of five% on amounts over EUR 3,420 (the initial EUR step 3,420 try exempt). The newest taxpayer can also be, yet not, on a yearly basis, decide to become taxed at regular taxation rates and rings lay out inside the Personal taxation (PIT) regarding the Taxes with the personal earnings part.
Self-employed money/Organization money
- more than fifty% of your own international PE’s activities actually or indirectly lead to capital earnings, and you can
- the fresh foreign income tax on the income of international PE try rather lower than the income tax weight inside Cyprus (we.e. （更多…）
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2023-12-21