Cyprus Clarifies VAT Rates for Admissions to Cultural Events, Restaurants, and Performances

Cyprus clarified VAT rates: 5% for admissions to cultural events (performances, circuses, fairs, amusement parks, concerts, museums, zoos, cinemas); 9% for restaurant and catering services; 9% for tickets including catering or drinks, regardless of use; if charged separately, 5% applies to admission and 9% to catering; 3% for admissions to premieres of theatrical, musical, dance, or classical performances in theatres or similar venues.

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.

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