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Taxes and fees on transfers are payable under the general tax laws

Rule record · last verified 14 September 2026

In force since 10 November 2008.

Rule

All taxes, duties, fees, withholding tax, VAT and other financial obligations arising on a transfer of ownership under the law are paid by the buyer and the seller in accordance with the legislation in force.[1]

Practical implication

The law does not itself set the rates; who pays what is decided by the tax laws and by the contract. This site has not yet verified the current rates from primary sources.

Where this rule comes from

Instrument
Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024, Article 13(3)
Authority
Assembly of the Republic (Cumhuriyet Meclisi), TRNC
Jurisdiction
Turkish Cypriot administration (TRNC)
Basis
Legislation · asserted by us within this jurisdiction
Verification
Primary source verified. We read the primary text ourselves on 14 September 2026.
Legal review
Not yet reviewed by a named legal reviewer.

Regulatory events

History of this rule

  • — First published from the primary text. (version 1, First published)

Sources for this rule

Numbered in order of first use. Each entry names the kind of source it is and the day we read it.

  1. [1]
    Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024

    Central Legislation Office, TRNC · Legislation and gazettes · 10 November 2008 · original in Turkish · accessed 14 September 2026 · source record

Cite this record

https://northcyprusreference.com/en/rules/taxes-payable-per-legislation

Identifier taxes-payable-per-legislation · Open data · challenge this rule