Greek VAT rise debate
A potential Greek Value Added Tax increase is being discussed between the government and International Monetary Fund. The rise is seen by the IMF as one of the key reforms required for Greece to reach...
View ArticleGreek explores 18% VAT with credit card discounts
The Greek Ministry of Finance is continuing to review a potential new VAT rate regime as it seeks a settlement with its debt creditors. Greece had proposed an 18% flat rate VAT scheme earlier. The...
View ArticleGreece new VAT rises in creditor talks
On 9 July, the Greek government offered new, austerity VAT rate increases to its creditors in an attempt to win new, third bailout, and potentially a small debt write off. The VAT rises are...
View ArticleGreek VAT rises in confusion
Today, over 100 types of goods and services, including milk, fruit, fish, meat switch from the 13% reduced VAT rate to the Greek standard VAT rate of 23%. This is part of the reforms committed to...
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