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Greece: Plan on the cards for flat VAT rate of 18 pct

The government in Athens is planning to implement a single value-added tax rate abolishing all existing exemptions, according to Brussels officials.

Sources from the seat of the European Commission speak of a flat 18 percent VAT rate for all services and commodities with the exception of medicines, to come into force by the second half of the year.

via ekathimerini.com | Plan on the cards for flat VAT rate of 18 pct.

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