2023 Cyprus VAT Rate Changes

2023 Cyprus VAT Rate Changes

Introduction: In a move that seeks to reshape the landscape of property transactions, the House of Representatives recently passed the Amending VAT Law (Ν.42(I)2023), ushering in a series of significant changes to the application of the reduced VAT rate on the supply or construction of residential properties. Published in the Government Gazette on 16 June […]

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