- The Commission initiated infringement procedures against Cyprus and France.
- Cyprus and France failed to deploy the system for temporary storage for air transport and the National Import System.
- France also failed to deploy the Automated Export System.
- Member states were required to operationalize these systems by 31 December 2023.
- The electronic system for temporary storage allows electronic lodging of relevant declarations.
- The National Import System applies fiscal and non-fiscal measures to imported goods.
Source: taxathand.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.
Latest Posts in "Cyprus"
- Cyprus Clarifies VAT Rates for Events Combined with Restaurant or Catering Services
- Tax Authorities Clarify VAT Rates Applicable to Admissions for Different Events
- Cyprus Clarifies VAT Rates for Admissions to Cultural Events, Restaurants, and Performances
- Cyprus Extends Zero VAT on Essentials Until End of 2026
- Cyprus VAT Guide 2025
