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26 July 2018

Cyprus's House of Representatives approves tax law amendments regarding investment funds

The Cypriot House of Representatives on July 10 voted for a series of tax bills relating to the taxation of the operation of investment funds and the asset management industry of Cyprus in general. The tax bills are intended to govern the taxation of investors in Cypriot non-corporate form investment funds and the taxation of carried interest for fund managers. These new rules will come into force once the legislation is published in the Official Government Gazette.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-1501

Document ID: 2018-1501

 

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