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Tag: 5% reduced VAT

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Tax Law, VAT

Cyprus Changing its Regime on Reduced VAT for First Homes: an Update

28 March 202328 March 2023Michalis C. Zambartas5% reduced VAT, Cyprus, EU Commission, First home, Reduced VAT, VAT, VAT regime

The newly formed Cyprus Government and the House of Representatives reached an informal agreement to resolve the issue of the imposition of a reduced VAT rate of 5% for the
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