Greece introduce a domestic reverse charge mechanism on electronic devices


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.