Procedure for disposing of tangible assets

taxes on gains from the alienation of property

Claiming a loss from the sale of inherited property

(e)) of the acquisition and transfer of movable property in the region, including money,

Purchase agreement or sale of real estate assets: 30 years

Purchase agreement or sale of real estate assets: 30 years

This obligation will only apply during the Asset Disposal Period.

This obligation will only apply during the Asset Disposal Period.

This obligation will only apply during the Asset Disposal Period.

The purpose of its existence and its main activity is to transfer State property identified for privatisation to non-State entities.

Purchase agreement or sale of real estate assets: 30 years

There is a capital gains tax of 20% levied on gains arising from the disposal of immovable property situated in Cyprus or the disposal of shares in companies that own Cyprus-situated immovable property.

Capital Gains tax at the rate of 20% is imposed on gains arising from the disposal of immovable property situated in Cyprus or the disposal of shares in companies that directly own Cyprus-situated immovable property.

Capital gains tax is charged at the rate of 20% on gains arising from the disposal of immovable property in Cyprus or the disposal of shares of companies which own immovable property in Cyprus.

Explore divesting transportation assets, such as TC-owned airports; and