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