Exemption on corporate taxes on income

Exemption on corporate taxes on income

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax, offering exemption on corporate taxes on income from green bond interest and carbon credits.The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax, offering exemption on corporate taxes on income from green bond interest and carbon credits.These … Read more

Ministry proposes exemption on corporate taxes on income from green bond interest and carbon credits

Ministry proposes exemption on corporate taxes on income from green bond interest and carbon credits

The proposal aims to protect the environment and promote sustainable development in line with the global trend of using tax policies to incentivise environmentally friendly practices. (Photo courtesy of pace.edu.vn) Hanoi (VNS/VNA) – The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development. These … Read more

Bank of Cyprus Q1 profits stable at , €133 mln

Bank of Cyprus Q1 profits stable at , €133 mln

Bank of Cyprus Holdings announced €133 million in first quarter profits, up 40% year-on-year but €5 million short of the previous quarter’s after-tax profits.

Bank of Cyprus posts , €133 million profit —new lending hits €676 million

Bank of Cyprus posts , €133 million profit —new lending hits €676 million

The Bank of Cyprus released its financial results for the first quarter of 2024, reporting a profit after tax of €133 million.

€300 mln Bank of Cyprus green bonds oversubscribed

€300 mln Bank of Cyprus green bonds oversubscribed

Bank of Cyprus issued its first green bond, raising €300 million to fund renewable energy projects, climate-friendly buildings, and transport. The bond was more than four times oversubscribed, with the orderbook reaching €1.3 billion.