Indirect Taxation Newsletter - Issue 10/2023

We would like to inform you that on the 28th of November 2023, the Cyprus Tax Department (CTD) issued Circular 11/2023 (“the Circular”) providing clarifications in relation to the imposition of the 5% reduced VAT rate on the acquisition/construction of a private residence further to the recent amendment in the Cyprus VAT Law N95(I)/2000 (“the Law").

06 December 2023
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