7 JANUARY 2016 – NID 2015 INTEREST RATES – COURTESY OF PWC

For the purposes of the notional interest deduction (NID) the Cyprus Tax Authorities announced on 7 January 2016 (in a revised version of their initial 31 December 2015 announcement) the interest yield of the 10 year government bonds for Cyprus, India, Russia, Romania and Germany as at 31 December 2014, the relevant date for tax year 2015.

PWC Newsletter – Issue N-2a-2016

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