The European Commission has issued a reasoned opinion to Cyprus, urging the country to adhere to the European Union s Value Added Tax (VAT) regulations on dwellings.According to an official press release, Cyprus is failing to correctly implement EU VAT rules regarding the purchase or construction of
On July 1, 2021 there was a big change in the European Union’s Value Added Tax (VAT) law, impacting online retailers, marketplaces and their e-commerce businesses across the EU.