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Tax rates then start at 20% and rise progressively to 35% for income over €60,000. The Cyprus government has published a proposal to increase the initial Personal income tax (PIT) rates in Cyprus for tax year 2023 · Dividends & interest: Generally 17%; 3% for certain Cyprus-based investments The Best & Safest Low Tax Country in Europe
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This mistake is made by hundreds of entrepreneurs when moving to Cyprus. The worst part? They think they're doing everything