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Complete tax exemption on profits of trust provided the beneficiaries are not Tax resident in Cyprus in the year preceding the establishment of trust
Complete tax exemption on profits of trust in the hands of the beneficiaries if they are not tax residents of Cyprus
Profits of trust earned in Cyprus are taxed according to the existing tax law
Complete tax exemption on interest derived from deposits of a trust, in foreign currency, in any Cyprus bank.
Cyprus Companies, owned by the trust are taxed at 12.5% on their chargeable profits. Non- resident companies pay nil tax
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