Cyprus Issues Announcement Regarding VAT Refunds for Business Expenses Incurred in the UK

The Cyprus Tax Department has issued an announcement regarding VAT refunds for business expenses incurred in the UK, considering the UK's withdrawal from the EU.

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ANNOUNCEMENT REGARDING VAT REFUNDS UNDER DIRECTIVE 2008/9 (REFUNDS TO TAXABLE PERSONS IN OTHER MEMBER STATES) FOR BUSINESS EXPENSES INCURRED IN THE UNITED KINGDOM DURING 2020

Directive 2008/9/EC of 12 February 2008 laying down detailed rules for the refund of value added tax, provided for in Directive 2006/112/EC, to taxable …