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Cyprus ready to raise corporate tax for bailout

13.03.13 @ 09:30

  1. By EUOBSERVER

Cyprus is ready to accept increasing its low corporate tax rate as part of an international bailout deal, a Cypriot presidential advisor said Tuesday. "It isn't important whether the tax goes up to 12.5% or 11%, but that it stays at a stable rate for many years," he said.

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