Tax reforms and implications for international banks: The case of Cyprus
Abstract
The article reviews the development of the international (offshore) banking sector in Cyprus and focuses on the effects of the transitional corporate tax regime, introduced for this sector, since the country’s admission into the European Union. The consolidated performance of international banks and data collected through semi‐structured questionnaires are examined to provide important insights into how management perceives of the new tax regime and of its impact upon the country’s attractiveness as an international banking center.
Keywords
Citation
Roussakis, E.N. and Bisha, I.F. (2006), "Tax reforms and implications for international banks: The case of Cyprus", EuroMed Journal of Business, Vol. 1 No. 1, pp. 20-36. https://doi.org/10.1108/14502190610750072
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited