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| Amending the Notional Interest Deduction (NID) Law |
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| Date: 16/07/2020 |
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| Author: Costas Michail |
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| Dear Clients and Associates,
The Cyprus NID framework has recently been amended mainly by: (a) removing the Cyprus ’safe
harbour’, (b) replacing the 3% premium with a 5% premium, and (c) clarifying certain aspects on
which the NID law (the “Law”) was hitherto silent |
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 Download: Amending the Notional Interest Deduction.pdf |
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