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Latvia plans to compete Cyprus

Since January 1, 2013 profits will be withdrawn from the tax from the sale of Latvian companies interests in other legal entities, as well as dividends and royalties paid or received from non-local businesses.

Changes to the tax legislation of the Republic of Cyprus

The Parliament of the Republic of Cyprus again adopted another amendment to the tax law in order to increase the competitiveness of the tax system for international business and attract new investments in the country.

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