Greece – Standard and Reduced VAT Rates Lowered

On 20th July 2019, the Greek government introduced a bill to reduce the standard VAT rate from 24% to 22%, and the reduced VAT rate from 13% to 11%. The government has also proposed a VAT Suspension in the building sector.

Parliament has not yet passed the Act and therefore no implementation date is known at present.

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OTHER VAT BRIEFS VAT rates
From January 1, 2023 to December 31, 2023 the following VAT rates are applicable: standard rate: 16% (reduced from 17% to 16%); intermediate rate: 13% (drop from 14% to 13%); reduced rate: 7% (reduced from 8%...
The reduced VAT rate of 9% is applicable until February 28, 2023. As the temporary reduction of the VAT rate has not been extended, as of February 29,...
The list of French airlines who meet the conditions of Article 262 II 4°, and exempted from attestations to their suppliers to benefit from the VAT exemption, has been...
Until then, the print and electronic media were taxed at 9%. It will now be taxable at 0%. This change takes place on January1st, 2023.
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