NOTIONAL INTEREST DEDUCTION

NOTIONAL INTEREST DEDUCTION A BIG CHALLENGE – AND GREAT OPPORTUNITY – FOR MULTINATIONAL COMPANIES TODAY IS EFFECTIVELY MANAGING LOCAL AND FOREIGN TAXES IN A WAY THAT ALIGNS WITH THEIR OVERALL BUSINESS OBJECTIVES AND OPERATIONS. ON JANUARY 1, 2015, THE CYPRUS PARLIAMENT PASSED INTO LAW THE “NOTIONAL INTEREST DEDUCTION (NID)”.   THE CONCEPT THE NID PUTS…

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European Business Awards

MeritKapital named “National Champion” in the European Business Awards 2015/2016 We are proud to announce that Demetris Ioannides, MeritKapital, has been recognized a National Champion in The European Business AwardsTM, Europe’s largest and most significant business recognition programme. The 13 National Champions of Cyprus were selected by a panel of independent judges of the European Business Awards,…

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