On 17 February 2021, the Cyprus Tax Department issued a new implementing guideline (IG 11/2021) (Greek) to clarify the time of supply for VAT purposes for barter transactions in the construction industry and, therefore, the point at which the obligation to account for VAT arises.
Source Deloitte
Latest Posts in "Cyprus"
- Cyprus VAT Guide 2025
- Cyprus Extends VAT Filing Deadline to August 27 Due to Tax Portal Downtime
- Cyprus Amends VAT Rules for Virtual Events: Customer Location Determines Taxation from 2025
- EU Initiates Infringement Procedure Against Cyprus for Incomplete VAT Directive Transposition
- EU Initiates Legal Action Against Cyprus and France for Failing to Implement Key Customs Systems
