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VAT introduced on the supply of building land and business.

Tax Law

VAT introduced on the supply of building land and business.

VAT introduced on the supply of building land and business. On 3 November 2017, the Cyprus Parliament voted the amendments in the Cyprus VAT legislation fulfilling its obligation to the EU to subject the supply of building land to VAT. Cyprus had received a derogation (Article 383 of the VAT Directive) to continue exempting building… Read More

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