The announcement clarifies that goods transported between Cyprus and the U.K. will be considered intra-community trade for VAT purposes if: 1) the transportation took place during the transitional period of Feb. 1, 2020, to Dec. 31, 2020; and 2) transportation begins before Dec. 31, 2020, and concludes after Jan. 1, 2021.
Source: bloombergtax.com
