Search results
Results from the Go Local Guru Content Network
Taxation. Taxes in Cyprus are levied by both the central and local governments. Tax revenue stood at 39.2% of GDP in 2012. [1] The most important revenue sources are the income tax, social security, value-added tax and corporate tax, and are all collected by the central government. Income tax is levied on a progressive rate.
29 February 2008. 5 August 2011. Kikis Kazamias. 6 August 2011. 23 March 2012. Vassos Shiarly. 24 March 2012. 1 March 2013. Michael Sarris.
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Politics of Cyprus. The Council of Ministers is the executive branch of the Cypriot government, consisting of ministers. The council is chaired by the President of Cyprus and the ministers head executive departments of the government. The President and his ministers administer the government and the various public services.
Born. Nicosia, Cyprus. Political party. DISY. Profession. Accountant, banker, politician. Takis M. Klerides (in Greek Τάκης Κληρίδης; born 1951 in Nicosia), is a Greek Cypriot accountant, banker and a politician. He served as a Finance Minister of Cyprus under president Glafcos Clerides from 19 March 1999 until 28 February 2003. [1]
The Economic Adjustment Programme for Cyprus, usually referred to as the Bailout programme, is a memorandum of understanding on financial assistance to the Republic of Cyprus in order to cope with the 2012–13 Cypriot financial crisis . It was signed in March 2013 by the Cypriot Government on one hand, and on the other hand by the European ...
In 1991, Cyprus introduced a value-added tax (VAT), which is at 19% as of 13 January 2014. Cyprus ratified the new world trade agreement (General Agreement on Tariffs and Trade, GATT) in 1995 and began implementing it fully on 1 January 1996. EU accession negotiations started on 31 March 1998, and concluded when Cyprus joined the organization ...
The Cyprus Investment Program (CIP) (Greek: Κυπριακό Επενδυτικό Πρόγραμμα, ΚΕΠ) was an immigrant investor program conceived by the Government of Cyprus in order to attract foreign investors in exchange for Cyprus citizenship. Details of the scheme were made public after a leak of documents, the Cyprus Papers, to Al ...