- Cyprus issued guidance clarifying VAT rates for event admissions, especially when combined with catering.
- 9% VAT applies to composite supplies including catering or restaurant services.
- 5% VAT applies to admissions for performances, cultural, and entertainment events without catering.
- 3% VAT applies to premieres of theatrical, musical, choreographic, or classical works.
- Cultural services by public bodies or non-profits are VAT-exempt if competition is not distorted.
Source: kpmg.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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