Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the capital gains tax implications on profits realised from a real estate sale in North Cyprus?

April 26, 2017capital gains implications north cyprus profits Real Estate realised sale tax

0

Posted

What is the capital gains tax implications on profits realised from a real estate sale in North Cyprus?

1 Answer

0

Posted

As far as we are aware, there are no rules regarding CGT in the TRNC. Obviously, if the profits are repatriated to the UK, then the UK tax rules apply. We do advise investors to consult their accountants and tax specialists regarding this matter.