Income from short-term rental of real estate in Greece VAT deductible

Income from short-term rental of real estate in Greece is VAT deductible, as long as there are no additional services provided by the owner that are considered comparable and competitive to hotels, in which case they are subject to the reduced VAT rate of 13%.

This was announced by the Independent Public Revenue Authority regarding the application of VAT to short-term real estate leases in the context of the sharing economy.

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