Greece increase VAT rate from 1 June 2016

25 May 2016

Greece has now confirmed the increase to their standard VAT rate from 23% to 24% will be implemented on 1 June 2016. They have also confirmed that the reduced VAT rates in the Greek Islands will be scrapped so the standard rate throughout Greece will be 24% from this date. This change is being implemented a month earlier than expected and has been introduced in an effort to improve their economic performance.

LATEST NEWS

Ecuador to apply VAT on digital services from...

From 16 September 2020, Ecuador will impose VAT at 12% on the sale of e-services to local consumers by non-resident businesses.  At present, non-resident...

SEE MORE
LATEST NEWS

Indonesia confirms VAT on foreign e-commerce from 1...

From 1 September 2020, the Indonesian tax authorities will introduce VAT at 10% on all e-services transactions made by non-resident companies. Currently...

SEE MORE
LATEST NEWS

Costa Rica to introduce VAT on electronic services...

From 1 October 2020, Costa Rica will introduce VAT at 13% on the provision of electronic services by non-resident companies. At present, foreign businesses...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.