Cyprus Shipping achieves prolongation of tax system by Commission for ten years

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Cyprus Shipping achieved on Monday the successful prolongation of the Cyprus Shipping Taxation System for another ten years by the European Commission, which had been submitted for official approval on 6 November, 2019. According to the Cyprus Shipping Chamber, this great achievement is the example of the close cooperation and the coordinated efforts between the Shipping Deputy Ministry, other Government/State Agencies, the Cyprus Shipping Chamber and the Cyprus Union of Shipowners. The Cyprus Taxation System fully covers the three basic shipping activities …

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