ICPAC safeguarding the Cyprus Corporate Tax

During these difficult and critical for economy of the country times that we are facing, the Association of Certified Public Accountants of Cyprus does not remain indifferent and it expresses its views and suggestions.

Due to the integration of our country in the European support mechanism and the descent of the echelon of the Troika, ICPAC gave noon press conference for his position.

The President of the Association Mr. Theodore Parperis explained the need to preserve and protect the tax system and the corporate rate of Cyprus.

It also indicated the large contribution to GDP in the services sector and attracting foreign investment and the need to strengthen the promotion of Cyprus as an international business services center.

We support any categorical way that safeguarding the stability of our tax system and the corporate tax rate to 10% one-way street.