Greece implement domestic reverse charge on electronics supplies

31 August 2017

In an effort to prevent VAT fraud, the Greek government has implemented a domestic reverse charge mechanism on the supplies of mobile phones, games consoles, tablet PCs and laptops.

This new mechanism, introduced on 1 August 2017, will mean that businesses providing these types of electronic devices will no longer have to charge VAT on their supplies to other business customers. Instead, it will be the customers’ responsibility to account for the VAT in their own returns.

LATEST NEWS

The new EU VAT e-commerce package – Implications for...

From 1 July 2021, the European Union’s (EU) e-commerce reform will be introduced, which will include the withdrawal of the current VAT distance selling...

SEE MORE
LATEST NEWS

The new EU VAT e-commerce package – Implications for...

From 1 July 2021, low-value consignments of €22 or less imported into the European Union (EU) will no longer be exempt from import VAT. Instead, VAT will be...

SEE MORE
LATEST NEWS

Separate EORI number for Northern Ireland required

HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...

SEE MORE

Gated Content

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