A1 motorway (Cyprus) upgraded to a 6 lane road due to heavy traffic observed. A1 motorway (Cyprus) The A1 motorway, locally referred to as the NicosiaLimassol highway (Greek: "δρόμος ΛευκωσίαςΛεμεσού"; Turkish: "LefkoşaLimasol yolu"), is the first and longest motorway built in Cyprus. It marked the beginning of an ambitious government project to link all the main cities on the island with modern 4 lane highways. It is 73 km long and is free of any at-grade intersections. It links the capital Nicosia (which is the administrative and financial hub), with Limassol, the largest port (and second largest city) on the island. In the
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