International VAT News

Greek VAT Rate Increase

Friday March 5, 2010

This week the Greek Ministry of Finance announced a package of measures as part of a fiscal recovery programme.  They include increases in the VAT rate as follows:

  •   4.5% to 5%
  •   9% to 10% 
  •   19% to 21%

The details are not yet known including the date the rate increases will take effect. 

Watch this space for more information.