Bank Of Baku

Cypriot Parliament Rejects Tax on Deposits

Cypriot Parliament Rejects Tax on Deposits
# 19 March 2013 21:43 (UTC +04:00)

The bill envisioned a levy of 6.75 percent on deposits of less than 100,000 euros ($128,950) and 9.9 percent on larger deposits.

A total of 36 deputies in the 56-seat parliament voted against the bill, while 19 abstained.

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THE OPERATION IS BEING PERFORMED