Greek Minister announces extension of VAT exemption for five Aegean islands

Greek Migration Minister Dimitris Vitsas announced on Friday that the value-added tax rates for the five eastern Aegean islands most affected by the refugee crisis will remain lower after the end of the year, when the measure was due to expire, kathimerini.com reports.

Speaking in Parliament during a vote on a draft bill of the ministry of migration, he noted he will table a legislative decree by the end of the year to extend the 30 percent discount on VAT for Lesvos, Chios, Samos, Kos and Leros.

The five islands had been exempt from the switch to higher rates that took effect on the rest of the islands in January 2018.

Vitsas did not specify the duration of the extension.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Ggia

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