Source minfin.gr (in Greek)
Unofficial translation
Reduced VAT rates are extended until the end of 2020. for the 5 Aegean islands
Press release
The Deputy Ministers of Finance, Mr. Apostolos Vesyropoulos and Mr. Theodoros Skylakakis, signed a Joint Decision, which extends the validity of the reduced VAT rates. for the islands of Leros, Lesvos, Kos, Samos and Chios, which lift the burden of managing the migration problem.
With this decision, the reduction by thirty percent (30%) of VAT rates is extended until 31.12.2020. for the goods and services provided for in the provisions of paragraphs 4 and 5 of Article 21 of Law 2859/2000 (VAT Code).
This decision is a practical support to the economy of these islands, which, in addition to the consequences of the pandemic, are also facing the effects of immigration.
Latest Posts in "Greece"
- Greece Implements EU Small Business VAT Scheme with EUR 10,000 Threshold
- Greek Finance Minister Addresses Tobacco Tax, Savings Union, and Stablecoins at EU Meetings
- Greece Introduces Mandatory Electronic Invoicing for Businesses Starting February 2026
- Greek Parliament Considers 2026 State Budget Bill with VAT Suspension Extension
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)