A proposal has been published to introduce a 3% VAT rate in Cyprus. If adopted by the Council of Ministers, this rate should apply to :
- books, magazines and similar products (physical or electronic media)
- stairs, elevators and wheelchairs for the disabled
- orthopedic appliances
- street cleaning and dog collection services,
- wastewater disposal and treatment
- at the start of theatrical, musical, dance or classical performances.
The effective date of this measure has not yet been published.