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Protecting your investment in the TRNC

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cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
07/08/2010 13:43

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Message 1 of 2 in Discussion

I recently put this question forward to Naomi Mehmet, her reply can be seen on this link - http://www.lincguide.com/review/2010/08/north-cyprus-legal-advice-august-sept-2010 Question 2



cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
07/08/2010 18:30

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Message 2 of 2 in Discussion

I didn't know that the vendor was still receiving the discount for Capital gains tax (stopaj tax) which is payable on transfer of title - The rate is 6.25% of the Contract price, currently reduced to 4%. This info was taken from question 9.



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