Cyprus known as Laiki Bank), into a "bad" bank which would be wound down over time and a "good" bank which would be absorbed by the Bank of Cyprus. In return for a €10 billion bailout from the European Commission, the European Central Bank and the International Monetary Fund, often referred to as the "troika", the Cypriot government was required to impose a significant haircut on uninsured deposits, a large proportion of which were held by wealthy Russians who used Cyprus as a tax haven. Insured deposits of €100,000 or less were not affected. According to the 2017 International Monetary Fund
Endowment tax demonstrate the value of the donation in the open market to obtain the corresponding allowance. Before donating to an asset that has increased in value since the purchase, it is important to consider whether it is better to donate directly to the asset or to donate after the sale. Direct donations can be taxed at the original purchase price without paying more tax on any potential profits. If a donor receives an income tax credit on the day's value of the share transfer, he does not have to pay VAT on the added value of the donated stock. And after