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[Music] [Music] [Music] [Music] hello everyone I would like to welcome you to todays webinar that is the first in a series of webinars to take place for the added Cyprus community Network continues to grow by supporting other students and Affiliates making the added qualification a global certification amongst the tax profession having said that I take this opportunity to introduce to you todays speaker Michael gregas my colleague support member at KPMG Cyprus in charge of beauty Services he has a long experience in dealing with indirect tax matters and Tax Technology Michael will be discussing vat in the digital age and the European commissions recent proposals to modernize the uv80 rules and prior to Michael uh starting the presentation um I give the floor to Rory to come discuss with the first thank you thank you very much Katya and as as our champion and for for our Cyprus Community um our thanks to you um for for organizing um this this webinar which will hopefully be um yeah