The European Commission has released its infringements package for June 2023. With respect to taxation, the main issue is for Cyprus, which has been sent a reasoned opinion regarding compliance with the VAT rules for dwellings.
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Reasoned opinion
Taxation: Commission calls on CYPRUS to comply with EU VAT rules for dwellings
Today, the European Commission decided to send a reasoned opinion to Cyprus (INFR(2021)2093) for its failure to properly apply EU VAT rules for dwellings purchase…