KIEV, March 19 – The introduction of a tax on bank deposits in Cyprus as a measure to save the country's economy could result in large indirect losses for Ukraine, according to investment experts polled by Interfax-Ukraine.
According to a managing partner of Capital Times investment company, Erik Naiman, said that direct tax losses for Ukrainians could reach EUR 100-200 million. In addition, the increase in corporate tax will cost several dozens of millions a year.
He said that in terms of indirect losses, the situation on Cyprus actually closed the window for the attraction of foreign investment by Ukrainian companies, banks and the country, including via the placement of eurobonds.
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