Corporate income tax remains one of Malta’s most significant sources of revenue at almost 15% of its total tax income, the EU’s latest taxation report for 2023 says. Malta ranked third in the EU, after Cyprus (18.1%) and Ireland (21.5%) where corporate income tax forms a significant proportion of its state revenues. Malta still has … Read more
Patent Box Regimes in Europe, 2024 Skip to content Patent boxA patent box—also referred to as intellectual property (IP) regime—taxes business income earned from IP at a rate below the statutory corporate income tax rate, aiming to encourage local research and development. Many patent boxes around the world have undergone substantial reforms due to profit … Read more
R&D Tax Subsidies in Europe | Tax Subsidies for R&D Expenditures Skip to content R&D tax incentives. These generally take two forms, namely patent boxes—taxing income derived from intellectual property at a rate below the statutory corporate income taxA corporate income tax (CIT) is levied by federal and state governments on business profits. Many companies … Read more
Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for a variety of reasons. They raise little revenue, create high administrative costs, and induce an outflow of wealthy individuals and their money. Many policymakers have also recognized that high taxes on … Read more
A pedestrian leaves the entrance of the headquarters of the Federal Board of Revenue (FBR) building in Islamabad — AFP/File Focus on growth, not taxes. Vietnam’s standard corporate tax rate is 20 per cent and preferential tax rates are as low as 10 per cent, depending on factors like investment size and location. High-tech enterprises … Read more
Italy were crowned European under 17 champions after beating Portugal 3-0 in front of a bumper crowd of 7,120 at the Limassol Arena on Wednesday night.The Azzurri started like a house on fire, spurred on by a large Italian fan contingent populating much of the end behind the goal they were defending in the first … Read more
Cyprus has the second-highest carbon emissions per capita in the European Union.
Google has launched News Showcase in Cyprus, collaborating with publishers like Cyprus Mail, Dias Group, Digital Tree, MC Media, Phileleftheros Media Group, Politis, and SPP Media. The product allows publishers to create panels that engage readers and direct them to full articles on their websites. Google has signed News Showcase deals with over 2,700 publications globally and offers journalists training on fighting misinformation online.
Portugal turned a 2-1 deficit into a dramatic 3-2 victory over Serbia in the Uefa under 17 championship final.
The 27th edition of the Cultural Festival of the University of Cyprus is taking place at Axiothea Mansion in old Nicosia from June to July. The festival will feature performances by local and international artists from various countries, including Cyprus, Bulgaria, England, France, Germany, Greece, Iran, Italy, the Netherlands, Norway, Spain, and Portugal. The festival will include recitals, dance performances, literature and poetry evenings, theatre productions, and more.