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Greece increases VAT rate by 2% to 21%

  • VAT
  • 03 March 2010 | Richard Asquith

Greece increases VAT rate by 2% to 21%

As part of a series of measures to manage balloning state debt prices and the falling Euro, Greece has announced that it will increase its standard Greek VAT rate from 19% to 21% from 15th March.

The new rates are as follows:

  • 19 % to 21 %
  • 4.5 % to 5 %
  • 9% to 10 %

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.