11 JANUARY 2016 – LOAN RESTRUCTURING – COURTESY OF DELOITTE

On 16 December 2015, the House of Representatives enacted into laws a number of significant tax law amendments regarding loan restructurings, which were published in the Official Cyprus Government Gazette on 31 December 2015.

The amendments facilitate tax free loan restructurings and aim to encourage the restructuring of non-performing loans (NPLs).

Cyprus Tax News 11 January 2016 GR

Cyprus Tax News 11 January 2016 EN

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