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Strong growth in investment from Cyprus to Russia

Strong growth in investment from Cyprus to Russia

May 15, 2014 9:02 pm

According to the Russian Federation’s Central Bank, there was a notable increase in investment into Russia from Cyrus in 2013’s first nine months, the latest period for which figures are available. In 2013’s first three quarters net inward investment from Cyprus to Russia stood at US$12.9 Billion, making Cyprus Russia’s second largest investment into the […]

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UK Son of FATCA Regulations in Force

UK Son of FATCA Regulations in Force

May 15, 2014 9:02 pm

The UK Government has undertaken the online publishing of the final, adopted version of The International Tax Compliance (Crown Dependencies and Gibraltar ) Regulations 2014, which came into force on 31st March 2014, to enforce the expanded tax information exchange agreements signed between UK and Jersey, Guernsey, the Isle of Man, and Gibraltar for purposes […]

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EU Approves UK Video Game Tax Break

EU Approves UK Video Game Tax Break

May 15, 2014 9:00 pm

The European Commission has concluded that the UK Government’s plans to grant tax reliefs to producers of video games are in line with the European Union (EU) state aid rules. The tax relief is set to provide an incentive to video game developers to produce games meeting certain cultural criteria. The commission launched an in […]

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ANNOUNCEMENT FROM BANK OF CYPRUS 2

ANNOUNCEMENT FROM BANK OF CYPRUS

May 15, 2014 8:58 pm

Based on the Bank’s improving liquidity position and the increased confidence of our customers, we are pleased to inform you that Bank of Cyprus, despite the Bank’s right for the automatic renewal of these deposits (maturity date 30/4/14) for another nine months, has decided the release of the 9 month deposits as follows: 1/3 of […]

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