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Daily Tax Report: International

Greece Tax Agency Issues Circular Explaining VAT Rates for Protective Masks

Oct. 2, 2020, 5:00 AM

The Greek Independent Authority for Public Revenue Sept. 25 issued Circular No. E. 2152, explaining reduced and standard VAT rates for masks. The circular explained: 1) the 6 percent reduced VAT rate on masks used for protection and to prevent the transmission of diseases; and 2) the 24 percent standard VAT rate on masks used for general purposes. [Greece, Independent Authority for Public Revenue, 09/25/20]

Reference:
View Circular No. E. 2152. View Announcement.

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