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VAT reverse charge applies to unprocessed and semi-processed precious metals

Decree No. 152(I)/2022 (available in Greek only) was published on 7 October 2022 in Cyprus’ official gazette providing that  purchasers of certain unprocessed and semi-processed precious metals, as defined in the Cypriot VAT law, must account for VAT in Cyprus based on the reverse charge provisions.

Source Deloitte

 

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