VAT Seminar by EY Cyprus: Building Land and Immovable Property Leasing (Subject to VAT/Not?)

EY Cyprus will be presenting an interactive session on the amendments of the VAT legislation in Cyprus and their implications, namely Building Land and Immovable Property Leasing (Subject to VAT/Not?). VAT Treatment of leasing immovable property(rents) is different from 13 November 2017 and transfer of non-developed building land taxation will drastically change 10 days after this Seminar (from 2 January 2018) .

During the session, the major provisions of the amending VAT legislation will be analysed from a tax practical and legal angle with a focus on how compliance and optimisation can be achieved by affected businesses. Expected practical scenarios will be highlighted and participants will be asked to decide in class what will be the VAT treatment in short case studies.

Who should attend:

The seminar is addressed to all those looking to adapt their knowledge on VAT aspects relating to transfers of land and leasing influenced by the amending legislation, including those professionals, e.g. accountants, lawyers, property developers – valuers and financial controllers as well as entrepreneurs who handle immovable property transactions.