Energy in Cyprus Cyprus, to develop a photovoltaic park in the Cypriot capital of Nicosia. The United Nations Development Programme (UNDP) in Cyprus installed a 15 KW photovoltaic system at its offices. The park cost US$30,000 and is now connected to the grid as well. EuroAsia Interconnector will connect Israel , Cyprus and Greece with 2000 MW HVDC undersea power cable. It is a leading Project of Common Interest of the European Union and also priority Electricity Highway Interconnector Project. Cyprus, as last EU member fully isolated from energy interconnections will be connected to European network. Energy in Cyprus Energy in Cyprus describes
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