Taxes on income, profits and capital gains reached USD 2.40 bil in 2012 in Cyprus, according to the National Statistical Office. This is 7.35% less than in the previous year.
Historically, taxes on income, profits and capital gains in Cyprus reached an all time high of USD 5.11 bil in 2007 and an all time low of USD 1.66 bil in 1999.
Cyprus has been ranked 52nd within the group of 101 countries we follow in terms of taxes on income, profits and capital gains.
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