Tax Update

STELIOS AMERICANOS & CO LLC | View firm profile

Cyprus Tax Authorities announce the 10 year bond yield
for Notional Interest Deduction (NID) purposes

The
Cyprus tax authorities have announced the interest yield of the 10 year
government bonds as at 31st December 2017 which increased by 3%
grants tax allowance on new capital introduced into the Cyprus company.

                               

Counties were the
funds are used

10 year bond yield

Austria

0,563%

France

0,780%

Germany

0,423%

Greece

4,073%

United
Kingdom

1,188%

United
States

2,406%

India

7,571%

Ireland

0,811%

Spain

1,558%

Italy

2,005%

Canada

2,079%

China

4,268%

Croatia

2,453%

Cyprus

1,881%

Letonia

0,715%

Belarus
denominated in USD

5,946%

Luxemburg

0,637%

Norway

1,579%

South
Africa

8,780%

Holland

0,501%

Hungary

2,031%

Ukraine
denominated in USD

7,222%

Poland

3,385%

Romania

4,314%

Russia

7,590%

Russia
denominated in USD

3,822%

Servia

5,968%

Slovakia

0,815%

Slovenia

0,843%

Sweden

0,540%

Czech
Republic

1,650%

Please contact
a member of our staff for further information and/or clarifications. 

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