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new rate for transfer 6%

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fitzs


Joined: 22/03/2008
Posts: 5

Message Posted:
12/02/2012 13:17

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Message 1 of 10 in Discussion

Our avacate has told us transfers are on hold owing to discrimination, does anyone have any more news.



fitzs


Joined: 22/03/2008
Posts: 5

Message Posted:
12/02/2012 13:25

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Message 2 of 10 in Discussion

Help am unable to read replies



jock1



Joined: 06/01/2008
Posts: 3786

Message Posted:
12/02/2012 13:28

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Message 3 of 10 in Discussion

Discrimination of what ?



Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
12/02/2012 13:52

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Message 4 of 10 in Discussion

6% only applying to foreign buyers. Thats discrimination.



reporting


Joined: 30/01/2012
Posts: 50

Message Posted:
12/02/2012 13:59

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Message 5 of 10 in Discussion

yet Again , lift embargoes and expose the rest of the world NEVER.



ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
12/02/2012 14:09

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Message 6 of 10 in Discussion

It has been this way for the past 7 years, a one off 3% for first purchase was offered at some point, but all part of living here.



smoggyjim


Joined: 21/07/2007
Posts: 214

Message Posted:
12/02/2012 14:30

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Message 7 of 10 in Discussion

The 3% was stopped last year and now the Advocates are not transferring titles trying to force the government to change the rate back to the 3%, my transfer is on hold till they sort it out.



Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
12/02/2012 15:16

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Message 8 of 10 in Discussion

Only foreign buyers pay 6% locals pay 3%



karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
12/02/2012 16:56

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Message 9 of 10 in Discussion

Everyone is holding their breath and their taxes in the hope government will see sense and go back to old system for everyone.



3% first time for all



Just as well TRNC is not subject to ECHR as it is a clear case of racial discrimination.



Sugarpuffbear


Joined: 14/05/2010
Posts: 64

Message Posted:
12/02/2012 17:37

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Message 10 of 10 in Discussion

I did mention this in a previous posting of mine.

Unfortunately the government have to pay their wages somehow and this is an easy way of obtaining more. It also has no respect for any contracts signed, dated and agreed before this legislation came into effect, being a retrospective tax. This meaning some people will have their transfers already done but they too have to pay the increase too I believe.



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