18 January 2018 Cypriot Parliament and Tax Authority release guidance on implementation of VAT on immovable property Further to the amending Value Added Tax (VAT) legislation, on building land and immovable property leasing, the Cyprus House of Parliament and Tax Department have released Regulations and Circulars respectively. This legislation clarifies the applicability of VAT imposition on non-developed land as well as on the taxation of commercial rents. Document ID: 2018-0120 |
