Tuesday, December 11, 2007

Tax or Capital Gain on options

I have had some clients asking me about capital gain on options.
My short answer to this question is that there is no capital gains payable if you use a Cyprus Ltd company to buy shares or options or futures.

Cyprus do not tax any of the above.

If you are a developer and build and sell properties this is of course income, and will be taxed as income and not capital gain.

Best wishes
Jarl Moe
Post a Comment