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Cyprus VAT Aircraft Leasing Scheme Set To Be The Most Competitive In Europe
With recent investment initiatives being of top priority to encourage foreign investments into Cyprus, the new Cyprus VAT Aircraft Private Leasing Scheme (CPAS) is of particular appeal, with VAT rates dropping to as low as 4.37% for private jets used for pleasure purposes, the main aim of the Cyprus Tax Department, is to have the lowest VAT rates and most appealing Aircraft Leasing Scheme in Europe.
Cyprus
22 Jun 2015
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