The government in Athens is planning to implement a single value-added tax rate abolishing all existing exemptions, according to Brussels officials.
Sources from the seat of the European Commission speak of a flat 18 percent VAT rate for all services and commodities with the exception of medicines, to come into force by the second half of the year.
via ekathimerini.com | Plan on the cards for flat VAT rate of 18 pct.
Latest Posts in "European Union"
- Pierrakakis at ECOFIN: Innovation and Digitalization as Europe’s Competitiveness Drivers
- Three Plead Guilty in €6.5 Million Tax Evasion and Money Laundering Case
- Transfer Pricing Adjustments and VAT Implications: Impact of Recent CJEU Decisions
- VAT Treatment of Loyalty Points in Lyko’s Scheme: Not Classified as Vouchers, Says AG Kokott
- Impact of New EU VAT Framework on Italian Distance Sales and Imported Goods
