- The Value Added Tax (VAT) in Greece will be reduced to 13% for products mainly or exclusively used for agriculture, livestock farming, or forestry.
- An additional VAT rate of 4% will be introduced for specific categories of products or services.
- A special provision will be implemented to reduce the VAT rate to 13% for items primarily or exclusively used for agriculture, livestock farming, or forestry, such as agricultural tractors and forestry tractors, agricultural machinery, devices and tools, pumps for liquids, mobile silos, etc.
- An increased VAT rate of 4% will be applied to service contracts for works exclusively aimed at overcoming or removing architectural barriers that restrict the mobility of people with disabilities in public or private buildings or buildings serving public interest.
- The current provisions of the Value Added Tax Code will be amended to include these changes.
- The current VAT rate of 24% will remain for taxable goods and services, while the reduced rate of 13% will apply to goods and services listed in Annex III of the VAT Code.
- The reduced VAT rate of 6% and 4% will apply to goods and services with specific provisions in Annex III of the VAT Code.
- The reduced VAT rate for goods and services in Annex III does not apply to electronically provided services, except for those falling under paragraph 8 of Chapter B. SERVICES in Annex III.
Source: e-forologia.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
