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Greece Simplifies VAT Obligations

|Approved Changes|Greece
Greece

Greece's VAT Code was recently amended to simplify certain VAT obligations. Under the changes the VAT exemption for small-scale enterprises is changed to a simple threshold of €10,000 in taxable turnover in the previous tax tear. However, there is still no registration threshold for non-residents making supplies in Greece, although a reverse charge generally applies when the recipient is a taxa…

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