Romania: Romanian businesses and deposit holders affected as Cyprus levies (...)

March 18, 2013

Romanian businesses and deposit holders affected as Cyprus levies tax on bank deposits
Mar 18, 2013

Romanian businesses and deposit holders affected as Cyprus levies tax on bank deposits.
Around 40,000 Romanians who live in Cyprus and possibly local businesses which chose to incorporate in Cyprus will be affected by the recent decision made by the Cypriot authorities to tax bank deposits exceeding EUR 100,000 by around 10 percent. The measure, which will most likely affect the (...)
[Read the article in Romania Business Insider]

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