//Taxation of Dividends

Taxation of Dividends

Taxation of Dividends

2017-12-27T15:53:18+00:00 February 2nd, 2012|Tax Advantages|
  • Dividends are exempt from corporation tax
  • Dividends received by a company are not subject to Special Defence Contribution (SDC) unless:

The non-resident company paying the dividend engages directly of indirectly by more than 50% in activities that lead to investment income and the overseas tax burden on its income is significantly lower than the Cyprus tax burden (less than 5%) or

The dividends paid by a resident company to another resident company are exempt from SDC.