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Cyrpus Defers VAT Payments Due to COVID-19

Cyprus recently announced it will defer payments of certain value-added taxes, due to the COVID-19 pandemic, according to a March 31 KPMG post. Eligible VAT payments may be deferred to Nov. 10; penalties and interest will not be invoked if…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

payments are deferred, the post said.