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Product Price Hikes Across 32 Greek Isles as of Jan. 1

Products and services on 32 islands in the Dodecanese and North Aegean Region will go up as of January 1, 2018, due to new VAT rates.
Posted On 11 Aug 2017

E. Aegean Islanders Ringing Alarm Bells Ahead of 2017 Tax Hikes

Eastern Aegean island professionals are ringing alarm bells in view of VAT tax hikes to take effect January 1 and are calling on the government to apply taxation rates that were applicable in 2015.
Posted On 05 Dec 2016

Greek Island VAT Hike Not Paying Off

The increase in value-added tax (VAT) on Greek islands has not paid off, according to comparative data examining VAT revenues at 20 island destinations.
Posted On 05 Sep 2016

Greek Tourism Body Proposes Safeguard Clause Against Sudden VAT Hikes

In efforts to ensure that pending deals for 2016 go ahead, the Greek Tourism Confederation (SETE) proposed on Thursday, the inclusion of a safeguard clause in contracts between foreign tour operators and local accommodation entrepreneurs to cover potential VAT changes.