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Cyprus: Personal Taxation

Customs Duties

Customs Duties are imposed under the Customs and Excise Duties Law Cap 34, 1975. There are quite high duties on many consumer items, including motor vehicles, furniture, confectionery and cosmetics; however, as a result of the accession of Cyprus to the EU, import duty has been abolished on most goods coming from the EU.

There are excise duties on alcohol, tobacco, motor vehicles, petrol and soft drinks.

 

 

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