GREECE VAT

BY KEITH NUTHALL
THE GREEK government has asked EU ministers permission to exempt local small waste dealers in glass, paper, board, scrap iron and steel and suppliers of any size in non-ferrous metals from paying VAT. Athens wants to deviate from European tax directives this way, because of VAT evasion and the difficulties of investigating the sector. In future, all dealers in non-ferrous and other materials with an annual turnover under Euro 900,000 would have to formally opt into the VAT system to claim input rebates; applications accepted on condition of ...


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