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Update - Greece Extends VAT Reduction for Five Islands to June 2020

|Approved Changes|Greece
Greece

The Greek Public Revenue Authority (AADE) has announced the publication of a decision in the 23 December 2019 edition of the Official Gazette that extends the 30% reduction of the standard VAT rates for the islands of Chios, Kos, Leros, Lesbos, and Somos to 30 June 2020. Without the extension, standard VAT rates would have applied from 1 January 2020. The five islands are the last islands elig…

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