Cyprus Dividend Tax Calculator

Cyprus is a two-regime case that this single-formula schema cannot fully express, so a deliberate choice was made (documented here, mirroring how au.json's note flags its unmodelled 30% CIT alternative as a UI toggle rather than a second field). The flatRate modelled here is the NON-DOMICILED regime, which is the primary SEO/product angle for this calculator (Phase 1 research's 'killer angle') and the one most contractor-suite users (relocating remote workers/non-doms) actually face: non-domiciled Cyprus tax residents pay 0% Special Defence Contribution (SDC) and 0% income tax on dividends, full stop -- the ONLY charge is the 2.65% GHS/GESY contribution, which applies to a person's cumulative income (salary + dividends + rent + interest, not dividends alone) up to an annual GHS ceiling of EUR 180,000, producing a hard cap of EUR 4,770/year -- hence the capped node at max=4770 rather than an uncapped flat rate. This non-dom treatment is UNCHANGED by the 1 Jan 2026 reform. FOR CYPRUS TAX-RESIDENT-AND-DOMICILED individuals (i.e. not relocators) the 2026 reform CUT dividend SDC from 17% to 5% (on profits earned from 1 Jan 2026 onward; dividends paid out of pre-2026 profits remain taxable at the OLD 17% rate if received on or before 31 Dec 2031 -- a grandfathering rule worth its own UI note) -- this domiciled-resident 5% SDC layer is NOT modelled by the single flatRate field above (SDC itself has no income cap, unlike GHS) and MUST be surfaced as a toggle/second column in the actual dividend-tax-calculator page, exactly as the product-beat plan for id 15 requires ('side-by-side domiciled 5% SDC vs non-dom 0%+GHS-capped result'). Deemed Dividend Distribution (the mechanism that used to force a 70%-of-profit deemed distribution after 2 years for closely-held companies) was ABOLISHED for profits earned from 1 Jan 2026, removing an automatic shareholder-level tax that used to apply regardless of whether a dividend was actually paid.