Tag: Vat

FINANCE
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Finance ministry: First VAT cuts to take effect on Mon.

Panos - May 17, 2019

The finance ministry on Thursday afternoon announced that reductions in certain categories of VAT rates will come into effect on Monday, a week before a European Parliament…

FINANCE
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Eight new tax, revenue measures in Greece as of Jan. 1, 2018

Panos - Dec 27, 2017

Eight new tax and revenue measures are only days away from being implemented in still bailout-dependent Greece, with the target being another 951 million euros for state…

GREECE
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VAT revenue from islands exceed budget targets in August

makis - Sep 21, 2016

The VAT revenue collected from the islands during August has increased significantly and exceeded the budget target by 9.91%. Over the eight month period between January and…

GREECE
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Mystery hotel guests probing VAT dodgers

Sokratis - Jul 16, 2016

The General Secretariat for Public Revenue is investigating 1,545 hotels as regards their occupancy rates and prices. Where required, the inspectors will pose as guests to establish…

FINANCE
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“Improve collectibility rather than raise the VAT”

makis - Jun 01, 2016

The government’s aim should be to improve the collectibility of taxes, rather than raising the VAT, argued the president of the National Confederation of Hellenic Commerce (ESEE)…

FINANCE
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Korkidis: Improve collectibility rather than raise the VAT

Panos - Jun 01, 2016

The government’s aim should be to improve the collectibility of taxes, rather than raising the VAT, argued the president of the National Confederation of Hellenic Commerce (ESEE)…

FINANCE
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June comes along with tax tsunami

Panos - Jun 01, 2016

From today many goods and services become more expensive as of June 1st the new VAT hike comes into effect with the rate growing from 23% to…

GREECE
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Controversial VAT hike comes into effect on Wednesday

Panos - May 31, 2016

Many goods and services will become more expensive as of Wednesday 1st of June as the controversial VAT hike comes into effect, with the rate growing from…

FINANCE
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Government troubled over reactions from raising VAT on the islands

Panos - May 27, 2016

The decision to raise the VAT on islands, as part of the recent Eurogroup agreement, has sparked major controversy within the coalition government. This was evident by…

GREECE
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Voutsis: “VAT hike on islands is possibly unconstitutional”

makis - May 26, 2016

The President of Parliament Nikos Voutsis has expressed his skepticism over the imminent increase of the VAT on the island, arguing that such a hike is “on…