28 June 2023
The Cypriot government has proposed the introduction of a new reduced VAT rate of 3% on the following supplies:
- Books, magazines, and similar products, whether provided physically or in electronic form.
- Stairs, lifts, and wheelchairs for persons with disabilities.
- Orthopaedic devices.
- Street cleaning and dog collection services.
- Wastewater disposal and treatment.
- Entry to the debut of theatrical, musical, dance or classical performances.
There is currently no proposed implementation date if this new rate is accepted.
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