- Cyprus Ministry of Finance seeking comments on two draft bills to overhaul green tax
- Draft bills include measures such as imposing carbon tax on energy products exempt from excise duty payment
- VAT to be applied on energy products subject to carbon tax
- Gasoline oil provided under specific classes exempt from carbon tax obligation
- Draft bill on carbon tax to enter into force on April 1
- Comments due by March 19
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
