Greece Clarifies VAT Deferral for Livestock Investment Goods under Special Regime

• Circular E.2042/2026 explains the special VAT regime for investment goods used by livestock farming businesses in Greece.
• Eligible businesses under the normal VAT regime can defer VAT on new mechanical and production equipment purchases/imports if VAT exceeds €2,934.70, then self-account it as both output and input VAT in the next return.
• The regime applies to businesses that rear and fatten their own animals for delivery, but not to contract rearing/fattening services.
• It covers animals for breeding and reproduction, not animals kept only for fattening and sale.
• Businesses still retain normal rights to deduct input VAT or request refunds under standard rules.

Source: taxheaven.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.

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