JANUARY Indirect Taxation Newsletter Issue 01/2018


We would like to remind that the New Law introduced the following amendments:

1. Imposition of VAT at the standard rate of 19% on the sale of building land as from 2 January 2018.

2. Application of Reverse Charge mechanism on VAT taxable supplies of land and property under loan restructuring and/or force-sale arrangement as from 2 January 2018 up to 31 December 2019.

3. Imposition of VAT at the standard rate of 19% on the rental of premises used in business as from 13 November 2017.

04 January 2018

Publications


JANUARY iCAS Newsletter Issue 50/2019
The Financial Conduct Authority ("FCA"), has published two further consultations to prepare for the UK's exit from the EU.
14 January 2019
JANUARY iCAS Newsletter Issue 49/2019
The Cyprus Securities and Exchange Commission ("the CySEC") published the review in accordance with the quality of data reported to...
07 January 2019
JANUARY TAX Newsletter Issue 01/2019
We would like to inform you that as per the Decree No. 376/2018 published on the official Gazette of the...
02 January 2019
DECEMBER iCAS Newsletter Issue 48/2018
The European Banking Authority ("EBA") published a response to a letter it had received from a law firm regarding the...
31 December 2018
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