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New Year Brings New Taxes to Greek Isles

If you're traveling to the Greek islands of Ios, Amorgos, Skopelos, Folegandros, Kythnos, Serifos, Sikinos, Anafi, Kimolos, Iraklia Donoussa Thirasia, Schinoussa, Koufonissia, then be ready to pay more for accommodation, fuel as well as basic food staples.
Posted On 02 Jan 2017
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Which Greek Islands will be Exempt from VAT Hike?

A number of Greek islands are to be exempt from a planned value-added tax (VAT) increase as of January 1, 2017.
Posted On 20 Dec 2016
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Mykonos
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VAT Hike Takes Effect on Popular Greek Isles Next Month

Greek islands with tourism growth and high per capita income will as of October 1 see a 30 percent value-added tax (VAT) hike on all their goods and services, doing away with a special reduced tax rate which was applicable until now.
Posted On 25 Sep 2015
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XRTC Report: VAT Hike on Greek Coastal Shipping to Have Opposite Effect

According to the 14th XRTC report, a tax increase translates into higher travel costs, inevitably leading to a drop in demand and thus directly affecting companies’ revenue and ability to operate, with a potential “grexit” still looming.
Posted On 30 Jul 2015
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