University of Cyprus Economic Research Centre Presents Potential Tax Reforms
The University of Cyprus Economic Research Centre (CypERC) presented potential tax reforms during a meeting with stakeholders on 26 February 2025. The tax reform project was assigned to CypERC by the Ministry of Finance. Some of the main potential tax reforms include:
- Increasing the standard corporate tax rate from 12.5% to 15.0%;
- Revising the personal income tax brackets/rates as follows:
- up…