Richest 10% hold 67% in Cyprus, wealth tax could raise €2.1bn

Wealth inequality is widening in Cyprus, with the richest households holding an even larger share of the country’s wealth, according to a newly published European Commission study on wealth taxation. The study was published this month by the EU Publications Office and the Commission’s tax department. According to the study, the richest 10% of households … Continue reading Richest 10% hold 67% in Cyprus, wealth tax could raise €2.1bn