Galata, Cyprus century at western entrance of Galata. Galata, Cyprus Galata () is a village in the Solea valley, located about 60 km west of the capital Nicosia, at an altitude of 620 m in the Troodos Mountains of Cyprus. It is a popular summer tourist destination (especially among locals) for its cooler climate in the summer months. It is also well known on the island for its fruit produce. In Galata there is Panagia tis Podithou (), church, which is a UNESCO World Heritage Site along with nine other Painted Churches in the Troödos Region. According to Greek mythology, Cyprus was
Capital gains tax the international arena, such as the TPG case in Australia and Vodafone case in India. The capital gains tax in Croatia equals 12%. It was introduced in 2015. As determined by the Cyprus Capital Gains Tax Law, Capital gains tax in Cyprus arising from the sale or disposition of immovable property in Cyprus or the disposal of shares of companies which own immovable property in Cyprus and not listed in a recognised stock exchange. These gains are not added to other income but are taxed separately. Payment of immovable property tax is paid by both individuals and companies on property