Greece Tax Agency Issues Circular Clarifying Reduced VAT Rate for Catering Services, Non-Alcoholic Beverages

The Greek Independent Authority for Public Revenue Jan. 29 issued Circular No. E.2005, clarifying the reduced VAT rate for catering services and non-alcoholic beverages. The circular clarifies that: 1) application of the different VAT rates, 24 percent and 13 percent, for non-alcoholic beverages and juices depends on whether the beverages are intended for on-site consumption at a restaurant or catering establishment, or whether they are to be delivered in a package; 2) the VAT rate applicable to each individual item is applied to non-alcoholic beverages and juices used by restaurants and catering establishments, whereas the reduced VAT rate for non-alcoholic ...