Laws, Regulations & Policy Tourism Businesses Get VAT Refund by Nikos Krinis 1 April 2009 written by Nikos Krinis 1 April 2009 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 6 The ministry of finance recently announced the immediate return of Value Added Tax paid by tourism businesses (such as travel agencies and hotels) for costs on fixed assets. According to the ministry, the tax rebate will cover 90 percent of VAT paid while the procedure will be completed in 30 days. The remaining 10 percent of VAT will be rebated after completion of provisional tax controls. Meanwhile, Tourism Minister Kostas Markopoulos recently signed a ministerial decision to begin payment of subsidies for the renewal of the country’s tourism bus fleet. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail Nikos Krinis Nikos is Greek-American born in New York, USA, and has lived in Greece for over 30 years. He is the managing editor of Greece's leading monthly travel and tourism guide, the Greek Travel Pages (GTP) since June 2008 and of news site GTP Headlines since its launch in September 2012. Nikos has also served as international press officer for the City of Athens and for the mayor. He has a degree in Mass Media and Communications, specializing in Journalism. Nikos is a native English speaker and speaks Greek fluently. previous post GTP Celebrates next post A note by the publisher You may also like Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
