Is there going to be another amnesty on property taxNorth Cyprus Forums Homepage Join Cyprus44 Board | Already a member? Login
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pam57
Joined: 25/12/2011 Posts: 4
Message Posted: 26/12/2011 09:56 | Join or Login to Reply | Message 1 of 7 in Discussion |
| Does anyone know if there is going to be another amnesty on property tax? |
Deniz1
Joined: 28/07/2009 Posts: 3829
Message Posted: 26/12/2011 11:15 | Join or Login to Reply | Message 2 of 7 in Discussion |
| According to my avokat not at the moment. |
pam57
Joined: 25/12/2011 Posts: 4
Message Posted: 31/12/2011 14:33 | Join or Login to Reply | Message 3 of 7 in Discussion |
| thanks, I will keep checking |
sylvie
Joined: 12/03/2008 Posts: 1081
Message Posted: 31/12/2011 21:06 | Join or Login to Reply | Message 4 of 7 in Discussion |
| wHY should you have an amnisty while the others are paying ! pay what you own is the best what ever the country you live in - and comparing to our countries property tax is peanuts so ...... |
scruff
Joined: 15/07/2008 Posts: 1070
Message Posted: 31/12/2011 21:20 | Join or Login to Reply | Message 5 of 7 in Discussion |
| msg 4 Don't know whether you are talking about the same property tax in your posting? The original poster is clearly asking about the property tax payable on the transfer of kocan. This is not peanuts here & at 6% now on the total value of the property is way higher than in the UK. which has a maximum tax of 5% only on properties costing more than £1 million & isn't charged all on properties costing less than £125k & then not charged to first time buyers. With scales payments for higher house prices. As a percentage of the total cost of the property here, also subject to VAT at 5%, I don't think I'd call it peanuts............. In many cases here the buyer ends up paying the builders stopaj tax as well & also pays to register the contract initially. When all these taxes are added together the total now is approaching 20%. Quite ludicrous IMO. |
Deniz1
Joined: 28/07/2009 Posts: 3829
Message Posted: 31/12/2011 21:35 | Join or Login to Reply | Message 6 of 7 in Discussion |
| Quite so Msg 5. A sure way of killing off the already sick property market here. |
scruff
Joined: 15/07/2008 Posts: 1070
Message Posted: 31/12/2011 21:43 | Join or Login to Reply | Message 7 of 7 in Discussion |
| I don't know about killing off.......... I think the property market had already died. |
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