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November' 2015 | Archive | Blog

Cyprus Amends Taxation of Immovable Property

2015-11-04

Cyprus amended its tax legislation with respect to the immovable property tax rates at the end of the summer. Under the new legislation, owners of real estate properties will be taxed according to a new and well-defined scheme based on the value of the property. Our Cypriot lawyers can provide you with additional information about the country’s taxation system.