Ο περί Φόρου Προστιθέμενης Αξίας (Τροποποιητικός) Νόμος του 2023

This law amends the existing Value Added Tax (VAT) legislation in Cyprus. It aims to update the rules and regulations governing VAT collection and administration within the country, ensuring compliance with relevant EU directives and national fiscal policies. The amendments will affect businesses registered for VAT in Cyprus, impacting how they calculate, declare, and remit VAT. Consumers may also see indirect effects depending on how businesses adjust their pricing.