Cyprus has published the 2026 reference rate for Honduras for calculating the notional interest deduction on new equity investments.
The Cyprus Tax Department has published the 2026 reference rate for Honduras for purposes of calculating the notional interest deduction (NID) on new equity investments.
Under the NID rules, the applicable rate is based on the 10-year government bond yield of the country where assets financed by the new equity are used, plus a 5% uplift.
The reference rates of each year are based on the rates as of 31 December of the previous tax year. The reference rate for Cyprus is set at 3.049 % for 2025.
The Cyprus Tax Department typically publishes reference rates for most countries earlier in the year, with rates for additional jurisdictions issued subsequently. Honduras has now been added to the 2026 reference rate table, which contains 10-year government bond yields for multiple countries and tax years through 31 December 2025.
This reference rate table provides the reference rates for different countries for different years up to 31 December 2025.
