Important Amendments in Cyprus VAT Law incl. Non-resident taxpayers – VAT registration obligation without threshold

Source PWC

Incluiding:

• Extension of reverse charge under Article 11B for construction
• Reverse charge on mobile phones and similar goods
• Increase of penalties
• VAT credit balance
• Non-resident taxpayers – VAT registration obligation
• Definition of “renovation”
• Write off debts
• Deadline for submitting an objection to the Tax Commissioner
• Passenger Transportation Services

---

---