VAT Implications for CFDs under Greek Tax Law: Recent Administrative Guidance

• Circular E. 2066/2023 states that notional income from CFDs is subject to 24% VAT
• VAT exemption only applies to derivatives traded on stock exchange, not over-the-counter derivatives like CFDs
• Circular E. 2068/2023 clarifies that income from CFDs should be considered income from provision of services

Source: globaltaxnews.ey.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.