Is Gibraltar a hidden champion?
- Thread starter frankx1
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do you know what the current tax rate is for companies and personal income tax ?
What would you choose if the costs are almost the same so the paperwork needed to form a company ?
Unfortunately Cyprus will also raise the CIT from 12.5% to 15%.
They were supposed to do it in 2024 and got a fine from the EUSSR Ursolandia and the clowns from the OECD.
They want to enforce all member states to have, at least, 15% corporate tax.
The press release
Cheers
They were supposed to do it in 2024 and got a fine from the EUSSR Ursolandia and the clowns from the OECD.
They want to enforce all member states to have, at least, 15% corporate tax.
The press release
Cheers
15% after 750 million EUR in revenue. I don't think that's a pressing personal matter to most users on this forum.
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This is the probably the answer to your question.
smi(&%
It's always great to have you around in threads where accurate information is needed. I also don't think CIT at 750 million euros is a major issue for most people here.
As Sols has mentioned, correctly, the 15% will not apply to everyone, it will apply to multinational and domestic groups with a total annual turnover of at least €750 million, based on their consolidated financial statements.
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