- Amendment to VAT Code incorporates parts of EU Directive 2022/542
- Clarifies VAT rates for artistic, collectible, archaeological items, and imported goods
- Sets exemptions for small businesses selling goods to other EU countries per Directive 2020/285
- Confirms tax exemptions for fuel, lubricants, provisions for certain ships
- Updates rules for small businesses exempt from VAT to align with EU law
- Includes conditions for exemption, tax authority oversight, and turnover limits
- Updates special VAT regimes for dealers of used goods, artworks, and distance sales of imported goods
- Lowers VAT rate on imports and sales of artworks and antiquities from 13 percent to 6 percent
Source: regfollower.com
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.
Latest Posts in "Greece"
- AADE Automates Majority of VAT and Activity Code Changes for Faster Processing
- Greece Enacts Mandatory B2B E-Invoicing Law for Domestic and Cross-Border Transactions
- Administrative Support Services Subject to VAT When Not Closely Linked to Social Welfare
- Greek Parliament Approves Mandatory B2B E-Invoicing Bill, Implementation Expected by 2027
- Greece Establishes Mandatory B2B E-Invoicing Law, Awaiting Technical Details and Implementation Date
