- Law 5246/2025 amends the Greek VAT Code to reduce certain tax burdens, effective 1 January 2026.
- VAT rates will be reduced by 30% for specific low-population islands and regions, excluding tobacco and transport.
- The 30% VAT reduction for Chios, Kos, Lesvos, and Samos continues, while for Leros it ends on 31 December 2025.
- The VAT suspension regime for newly built property is extended until 31 December 2026.
- The TV subscription levy is abolished for bills issued from 1 January 2026.
Source: taxathand.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.
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