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Questions to a professional №34314

Tax on selling property in Cyprus

4 January 2021
3811

Hi. I am going to sell my property inherited 13 years ago. Is it taxable? Do I need to pay capital gains tax?

Kirill Ravchenko
Kirill Ravchenko
 4 January 2021 13:17
Yes, it is taxable.
But you need to contact the Cyprus tax service directly and they will tell you to what extent, everything is individual.
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