Highest grade ever in EU VAT for Alexis Tsielepis
Contributed by Chelco VAT Ltd
18 December, 2015
Managing Director of Chelco VAT Ltd, Alexis Tsielepis, recently earned the coveted Expert in European Value Added Tax (VAT) diploma after achieving the highest grade ever awarded in the history of the degree.
After a year and half of classes in Belgium and Barcelona, a verbal and written examination and a 105-page thesis, Tsielepis scored an unprecedented 95 percent.
The Expert in EU VAT degree is awarded only to the very best indirect tax practitioners from all over Europe who attempt the course. The degree is administered and awarded by the VAT Forum, an international partnership of indirect tax specialists. Tsielepis is the first and only Cypriot to have attempted the degree and soon after the results of the examination were announced, he was invited to represent the Forum as a Partner, which is another first for a Cypriot tax consultant.
"VAT is not as straightforward as it may seem," an elated Tsielepis commented shortly after the graduation ceremony in Brussels on 30 September 2015. "It is a highly specialised subject that takes a lot of effort and dedication to master."
"For weeks on end I was engulfed in the world of VAT and it became almost an obsession. For the last one and a half years I rejected every social invitation from friends and family, spending most nights and weekends alone immersed in my books. I loved every moment of it and I would do it all over again if need be," he revealed.
Tsielepis added that it was not the grade or the accolades that mattered to him.
"It is the fact that my knowledge of VAT is now on a different level," he said. "Having successfully completed this admittedly demanding degree, I now feel confident that I can benefit my clients, associates and students with truly knowledgeable, comprehensive and reliable indirect tax advice."
A Fellow Chartered Accountant (FCA), Tsielepis sits on various committees charged with VAT and other tax matters and has authored a number of tax syllabuses and articles on matters pertaining to Cyprus and EU indirect taxation.
He is also an ACCA grader and examiner and advises reputable international professional bodies on advanced Cyprus VAT and taxation.
Through Limassol-based Chelco VAT Ltd, which specialises in strategic VAT planning and compliance, Tsielepis lectures extensively on VAT to private and public companies, professionals and institutions as well as government agencies and departments.
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