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A Ph.D. Land Economist writing about private transfer fees observed that this contention seems "illogical" [35] since market theory says, [36] and legislative analysis concurs, [37] and common sense suggests, that an informed buyer will not pay the same for land encumbered by a private transfer fee as they would for the same land without a ...
Taxes in Cyprus are levied by both the central and local governments. Tax revenue stood at 39.2% of GDP in 2012. [ 1 ] The most important revenue sources are the income tax , social security , value-added tax and corporate tax , and are all collected by the central government.
Land registration is governed by the Land Transfer Act 1952. [25] The Deeds system was introduced in 1841 [26] [27] and the Torrens system in 1870. [28] Both methods ran in parallel until 1924 when registration under the Land Transfer Act (Torrens system) became compulsory and a project to issue titles for all property was instituted. [29]
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
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The law of Cyprus (Greek: Κυπριακό Δίκαιο, romanized: Kypriakó Díkaio) is a legal system which applies within the Republic of Cyprus. Although Cypriot law is extensively codified, it is still heavily based on English common law in the sense that the fundamental principle of precedent applies.
Landforms of the island of Cyprus — in the Eastern Mediterranean and Western Asia regions. Subcategories This category has the following 12 subcategories, out of 12 total.
HM Revenue & Customs SBA Customs vehicle. Sovereign Base Areas Customs and Immigration is a semi-autonomous branch of HM Revenue and Customs (HMRC) of the United Kingdom. It has jurisdiction over Akrotiri and Dhekelia, a British Overseas Territory on the island of Cyprus, administered as a Sovereign Base Area, and home to British Forces Cyprus.