Taxation - Cyprus IP box regime (Details) |
12 Months Ended | |
|---|---|---|
Jul. 01, 2021 |
Dec. 31, 2012 |
|
| Taxation | ||
| Percentage of deemed deduction | 80.00% | |
| Period of amortization and any direct expenses provisions | 5 years | |
| Maximum effective tax rate on eligible IP income. | 2.50% | 2.50% |
| Percentage of qualifying profits earned | 80.00% | |
| Percentage of tax loss set off limit | 20.00% | |
| Period for tax loss carry forward | 5 years |