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Clarification on Retroactive VAT Suspension Procedures for New Buildings in Greek Gazette.

  • Greek Gazette published Decision No. A. 1156/2024 regarding retroactive VAT suspension on new buildings
  • Measures include specifying procedures for taxable builders to submit electronic requests for retroactive VAT suspension
  • Deadline for requests and submission of documentation is Feb. 3, 2025
  • Procedures for input VAT deductions on properties are also specified
  • Decision enters into force on the same date

Source: news.bloombergtax.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.

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