- The VAT on certain border islands in Greece will be reduced by 30% starting January 1, 2026. This policy, announced by Prime Minister Kyriakos Mitsotakis, applies to islands in the North Aegean Region, the Prefecture of Evros, and the Prefecture of the Dodecanese with populations up to 20,000. The measure, costing 25 million euros annually, extends the reduced VAT already applied to five Aegean islands to additional islands to boost residential and business activity. Benefiting islands include Samothraki, Limnos, Agios Efstratios, and others, along with their smaller associated islands.
Source: ekathimerini.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"
- Greek Authorities Join EPPO Probe into €114 Million VAT Fraud
- Greece Delays Phase 2 of E-Invoicing and E-Transportation Mandates
- Greece Delays Mandatory E-Invoicing Start for Smaller Businesses to November 2026
- Greece Revises Mandatory VAT E-Invoicing and Digital Inventory Tracking Timeline
- Greece Delays Mandatory E-Invoicing for Smaller Businesses Until February 2027
