Tuesday, 13 October 2015

Island VAT generates confusion - ekathimerini.com

Island VAT generates confusion | Business | ekathimerini.com



"If you wish to travel from Piraeus to the island of Folegandros, the value-added tax on your ferry ticket will be 23 percent. However, if you take the ferry from Andros to Folegandros, the VAT charge will only be 16 percent, as you will be traveling between islands with a VAT discount. A dairy company from Naxos delivering goods to enterprises on Lesvos or Chios will charge a 9 percent VAT rate on its prices, but if the goods are delivered to private consumers on the same islands, they will pay a 13 percent tax."



What's confusing about that ;-)