Embassy of Turkey to the Turkish Republic of Northern Cyprus Embassy of Turkey to the Turkish Republic of Northern Cyprus The Embassy of Turkey to the Turkish Republic of Northern Cyprus () is located in the Turkish Sector of Nicosia, just outside the walls of the Old City. It is unique in all of the foreign diplomatic missions located in Nicosia in that it is officially accredited to the Turkish Republic of Northern Cyprus (TRNC), rather than the internationally recognized Republic of Cyprus (what Turkey refers to as the Greek Cypriot Administration of South Cyprus as Turkey does not recognize the Greek Cypriot Republic as a legitimate entity). The embassy
Capital gains tax the international arena, such as the TPG case in Australia and Vodafone case in India. The capital gains tax in Croatia equals 12%. It was introduced in 2015. As determined by the Cyprus Capital Gains Tax Law, Capital gains tax in Cyprus arising from the sale or disposition of immovable property in Cyprus or the disposal of shares of companies which own immovable property in Cyprus and not listed in a recognised stock exchange. These gains are not added to other income but are taxed separately. Payment of immovable property tax is paid by both individuals and companies on property