
Cyprus’ political parties issued mixed responses to tax reform plans announced by President Nikos Christodoulides on Wednesday.
Disy, Cyprus’ largest party, said the plans contain “elements which satisfy us” but also “some points which are troubling”.
“For example, increasing corporate tax to 15 per cent, fully offset by a significant reduction in dividend taxation, is absolutely right. That was our proposal in 2019. The proposals for taxation on individuals also