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Tax
Cyprus has been hard at work at expanding its network of Double Tax Treaties, high significant success. As of 2015, Cyprus has concluded three (3) new Doubt Tax Treaties with:
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The new non domiciled rules were introduced to further entice corporate executives and high net worth individuals (currently entitled to a 50 per cent tax exemption of personal income tax for a five-year period where income exceeds €100.000) to take up residency in Cyprus.
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