EU tax, new Cyta tariffs

The professional services sector was bracing for a new EU-wide tax rate of 15% on interest from July 1, expected to impact all high net-worth individuals, while Cyta was about to introduce a new tariff policy, with ISDN gong up 50% and ADSL unchanged, according to the issue 621, on May 18, 2005.

EU

tax:

With only 40 days to go for the EU Savings Tax Directive (EUSD) to kick in, professionals were scrambling to put the accounting and banking details of their high net-worth clients in order. The