With an amendment submitted to the multi-legislation of the Minister of Finance, among other things, provisions are proposed by which he is exempted from VAT, under the specified conditions, without a limit of transactions, instead of a limit of up to twenty thousand (20,000) euros per year, as is currently the case, the provision of services and the delivery of goods by the designated persons, on the occasion of events organized by them for their financial support (article 4).
It is also clarified that the Land Utilization Factors (L.A.O.), which concern four (4) regions of the country for which errors were corrected, are applied for the imposition of the Unified Real Estate Property Tax (EN.F.I.A. .) and any unduly paid amounts of tax are refunded, in derogation of the statute of limitations (article 3).
Source: taxheaven.gr
Latest Posts in "Greece"
- Greece: VAT on Pleasure Vessels Based on Market Value at Licence Expiration
- Practical Guide to VAT myDATA: Reasons for Exemption and Correct Invoice Issuance
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
- Mandatory E-Invoicing in Greece: New B2B Requirements
- A comprehensive guide to VAT in Greece