Proposals for a New Tax Reform in Cyprus
February 27, 2025
The Center for Economic Research in Cyprus proposed a new tax reform, 23 years after the last one. The proposals include new tax brackets and tax deductions for households, along with an increase in corporate tax. Implementing the reform is expected to spark discussions and concerns in the market, highlighting both positive and negative aspects. The evaluation of the proposal will depend on examining taxes related to the green transition.