VAT

The more Greece squeezes citizens with pay cuts, tax hikes and slashed pensions, the more they can't pay, with government statistics showing that the list of debtors grew in October by 101,425, bringing the total to 3,182,477 - one-third...

Greek consumers only benefited marginally from the value-added tax reduction in prices at food outlets last month, as according to data presented on Monday by the Hellenic Statistical Authority (ELSTAT), the price index in the Hotels-Cafes-Restaurants category declined by...

Restaurant and tavern owners and customers are increasingly harassing tax inspectors at a time when Greece has intensified a long-overdue crackdown on tax evasion, but officials are determined to enforce the tax laws. Residents in a village in Peloponnese barred...

The Financial Crime Prosecution Unit has pressed charges against the Holy Monastery of Agios Georgios Epanosifi for allegedly compiling bogus invoices of 270,000 euros related to a European program which the monastery joined in 2009 including works apparently not...

At the same time the government is demanding on-time payment of taxes, it is delaying refunds on Value Added Taxes due businesses up to 877 days, almost 2 1/2 years, if they get them. According to data from the General...

The first week of a five-month trial in Greece of cutting the Value Added Tax (VAT) from 23 to 13 percent on food services such as restaurants and tavernas isn't going well, with 92-95 of the eateries not reducing...

"The VAT on food is 13% regardless of where it is consumed," the Secretary of Public Revenue, Haris Theocharis, stated in his message on Twitter in response to reports in view of the application of the reduced rate on...

In a bid to reduce rampant tax evasion, Greece is planning to reduce the Value Added Tax (VAT) paid when making purchases via credit card and is going to offer them some reasons why they shouldn't use cash, the...

Greek Prime Minister has finally gotten the country's international lenders to agree to cut the Value Added Tax (VAT) for food services, including restaurants, hotel eateries, cafeterias and tavernas from 23 to 13 percent, which he said would help...

Tourism Minister, Olga Kefalogiannis, during her speech on online tv of AMNA, said the reduction of VAT, "will be the best way to have a competitive product." "We have nothing new on the VAT reduction in food. This is one...