Greece introduce a domestic reverse charge mechanism on electronic devices

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

Brexit: UK VAT changes impacting e-commerce

From 1 January 2021, HMRC will introduce changes to the VAT treatment of goods sold from overseas businesses to UK consumers, either directly via import or via...

SEE MORE
LATEST NEWS

Fiscal representation after Brexit

With Brexit on the horizon, as a UK business it’s important you check whether you will now require fiscal representation in the EU countries where you’re...

SEE MORE
LATEST NEWS

Brexit: actions to help you prepare

The transition period after Brexit comes to an end this year and even if a trade deal is agreed, there will be a host of changes to the current VAT regime that...

SEE MORE

Gated Content

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