Amendments to the VAT Law
The VAT Law has been amended to explicitly bring the transfer of the effective right to dispose of immovable property within the scope of VAT. The Value Added Tax (Amending) Law of 2018 (Law 39(I) of 2018) amends the second and eighth schedules to the VAT law to effect the change, which will take effect […]
Supreme Court confirms jurisdiction to determine claims arising in exclusive economic zone
Author:COSTAS STAMATIOU, YIOTA GEORGIOU Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area:ADMIRALTY AND SHIPPING, LITIGATION AND DISPUTE RESOLUTION
Entry into force of Cyprus – Luxembourg double taxation agreement
The new double taxation agreement between Cyprus and Luxembourg, which was signed on 8 May 2017, has now been ratified by both countries. It will be applicable to taxes withheld at source on income arising after 1 January 2019 and other taxes chargeable for any taxable year beginning on or after that date. For further […]