Export Compliance Daily is a service of Warren Communications News.

Cyprus Considering More VAT Relief

Cyprus is considering providing relief to industry for monetary penalties or interest related to value-added tax payments, KPMG said in a May 7 post. The measures, aimed at mitigating the effects of the COVID-19 pandemic, would allow certain payments to…

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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.

be deferred for VATs due in May, June and July. Cyprus previously extended deadlines for payments of certain VATs (see 2103040008).