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If no capital improvements had been made, the taxable amount for the capital gain would normally be $75,000 ($975,000 sale price - $650,000 purchase price - $250,000 capital gains exclusion).
* Students, bank workers stage protests * Minister says capital controls to last weeks * Banks remain closed until Thursday By Michele Kambas and Costas Pitas NICOSIA, March 27 (Reuters) – Cy… ...
Cyprus President & Ministers Address International Investors - April 4, 2025, New York CityNEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- We are honored that H.E. Nikos Christodoulides, President ...
Cyprus presents a compelling combination of a beautiful climate, a favourable tax and judicial system, a welcoming culture and people, and a stable environment for both living and doing business.
And that amount is taxed as interest income, not at the (usually) more favorable capital gains rate. For example, if an investor is in the 24% tax bracket and has earned $300 in CD interest for ...
The capital controls imposed on Cyprus Thursday in the wake of a bailout deal with its euro-zone partners raise the odds of a messy euro breakup, economists warn—a scenario that could shake ...
Cyprus President & Ministers Address International Investors - April 4, 2025, New York CityNEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- We are honored that H.E. Nikos Christodoulides, President - ...