author_orbitax
Orbitax

Share This Article

Greece Providing VAT Zero-Rate for COVID-19 Vaccines and Testing

14 January 2021

|

Approved Changes

|

Greece

The Greek Public Revenue Authority (AADE) has published a notice that a 0% VAT rate is being provided for COVID-19 vaccines and medical devices for in vitro diagnosis of COVID-19, which is valid from 23 December 2020 until 31 December 2022. It is further noted that other vaccines and diagnosis devices not for COVID-19 remain subject to their standard respective VAT rates. The AADE has also published a circular further clarifying that approved COVID-19 products are treated as zero-rated, meaning input tax on supplies may be deducted. The circular also provides that closely related services for these products are zero-rated...