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Greece Extending Reduced VAT Rate passenger transport, coffee and non-alcoholic beverages, cinema, tourist packages, gyms, etc.

23 February 2023

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Approved Changes

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Greece

According to a release from the Greek Ministry of Finance, several support measures will be introduced considering a surplus of approximately EUR 800 million in the 2023 budget. The main tax measure is the extension of the reduced VAT rate of 13% for passenger transport, coffee and non-alcoholic beverages, cinemas, gyms, etc. by 6 months until the end 2023. The application of the reduced rate was previously extended to 30 June 2023 as part of the 2023 budget. Note, the budget also extended the reduced VAT rate of 6% on goods related to public health until 30 June 2023 (products...