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Greece: Tax payment extensions part of tax relief measures (COVID-19)

Greece: Tax payment extensions

Tax relief measures have further been announced to address the effects of the coronavirus (COVID -19) pandemic.

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The tax relief includes:

  • A four-month extension of tax payments generally otherwise due in the month of March 2020, without imposition of penalties or late-payment interest
  • Extension to 31 August 2020 of the payment deadlines for tax remittances due in the period from 11 March 2020 until 31 April 2020
  • Suspension of tax collection of assessed taxes that were unpaid as of 11 March 2020, suspended until 31 August 2020
  • A reduced rate of value added tax (VAT)—reduced to 6% from 24%—for certain products that are necessary to protect against COVID-19 (such as mask and gloves, antiseptic liquids and wipes, etc.) effective until the end of the year (31 December 2020)
  • A four-month extension for the payment of real estate tax, when the owner (landlord) is an individual
  • Acceleration of refunds of income tax and VAT, when the refund amounts do not exceed €30,000 per type of tax and per taxpayer
  • Certain freelancer, self-employed or independent contractors will be eligible for compensation payment of €800 to address COVID-19 implications, and tax payments due in March 2020 by these persons will be extended for four months

It was further announced that the planned reform of the “unified real estate ownership tax” (UREOT) regime will be postponed.


Read a March 2020 report [PDF 362 KB] prepared by the KPMG member firm in Greece

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