Cyprus Tax Authority: 10-Year Government Bond Yield Rates For NID Purposes
Announcement On March 16, 2023, the Cyprus Tax Department made a significant announcement pertaining to the implementation of the Notional Interest Deduction (NID) on equity. The announcement included a detailed table presenting the 10-year government bond yield rates for multiple countries, as of December 31, 2022. These rates serve as an essential benchmark for calculating …
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