North Cyprus Tourist Board - VAT tax - advice please
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VAT tax - advice please

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yan3379


Joined: 09/06/2008
Posts: 44

Message Posted:
09/12/2009 21:16

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Message 1 of 2 in Discussion

I want to sell my property. I paid VAT already to the vendor but I haven't got a title deed yet.



However, I was told by a legal adviser that a new potential purchaser will have to pay VAT on my property again unless my vendor cancel my VAT invoice and re issue another VAT invoice with a new purchaser.







Do you have same experience like this?



Any advice would be appreciated.



nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
10/12/2009 07:13

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Message 2 of 2 in Discussion

Try to contact Elko1 he is the best man to advise you of this. Seems a bit odd KDV having to be paid twice, unless your vendor still has the cash!



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