HomePage | Contact Us | About Us
Google
Web worldwide-tax.com

Greece V.A.T. and Other Taxes



 








Greece Value Added Tax
  • In most cases, VAT in Greece is 19%.
  • There is a reduced rate of 9% that applies, in the main, to food, medicines. The V.A.T rate for books and newspapers is 4.5%.
  • In specific areas in Greece, there is a reduction on the above rate of VAT.
  • VAT is charged on assets and services provided in Greece as well as on imports into Greece.
  • In many cases, exports are not subject to value added tax. Similarly insurance services, educational services, legal services, medical services and more are exempt from VAT.
  • The threshold for VAT registration is an annual turnover of EUR 10,000.

Greece Real Estate Transfer Tax
  • A real estate transfer tax is payable in Greece on the sale of real estate, if bought before 1.1.2006.
  • The rate of tax fluctuates between 9%-11% depending on the value and location of the property.
  • The tax is paid by the purchaser.

Greece Real Estate Tax
  • Real estate owners are taxed in Greece on the real estate that they own. The tax is applicable to individuals and to companies.
  • Real estate that is valued at less than EUR 243,600 is exempt from real estate tax.
  • The rate of tax for real estate with a value in excess of the limit for exemptions, fluctuates between 0.35%-0.94% for individuals, 0.1%-0.6% for legal entities.

Greece Inheritance and Gift Tax
  • Inheritances / gifts are taxable in Greece.
  • The tax is payable on real estate in Greece and real estate outside Greece that is owned by a Greek resident.
  • The rate of tax is between 0% - 40%. The amount of tax is affected by the relationship between the person making the gift / the testator, and the recipient of the gift / the heir.







Brazil VAT and other taxes | Bulgaria VAT and other taxes | Canada VAT and other taxes | China VAT and other taxes | Cyprus VAT and other taxes | Czech R. VAT and other taxes | Estonia VAT and other taxes | Finland VAT and other taxes | France VAT and other taxes | Germany VAT and other taxes | Greece VAT and other taxes | Hungary VAT and other taxes | India VAT and other taxes | Ireland VAT and other taxes | Israel VAT and other taxes | Italy VAT and other taxes | Japan VAT and other taxes | Latvia VAT and other taxes | Lithuania VAT and other taxes | Malta VAT and other taxes | Netherlands VAT and other taxes | Poland VAT and other taxes | Portugal VAT and other taxes | Romania VAT and other taxes | Russia VAT and other taxes | Serbia Montenegro VAT and other taxes | Slovakia VAT and other taxes | Slovenia VAT and other taxes | Tunisia VAT and other taxes | Turkey VAT and other taxes | UK VAT and other taxes | Ukraine VAT and other taxes | U.S. Sales taxes

Go Back

© All copyrights reserved

Greece Homepage | Security Policy | Terms of Service