0 Members and 1 Guest are viewing this topic.
Govt scraps 23% VAT hike to education and pours funds from wine and gamblingFunds to have been yielded from scrapped plans to impose a 23% VAT hike on private schools will now be yielded by raising a fee on lottery games operated by OPAP, according to an agreement reached between the Greek government and Greece’s lenders on Tuesday.Finance Minister Euclid Tsakalotos and Economy Minister George Stathakis announced... the creation of three measures currently being examined to cover the 100 million euros. One of these includes the introduction of a 30% additional tax per bottle of wine.
Greek winemakers oppose to the imposition of a special tax of 40 cents per litre provided among others in the omnibus bill
OPAP strongly reacted to government’s decision to impose an extra charge on lottery games operated by the company -a decision aimed to boost state revenues.Odysseas Christoforou, general manager of Corporate Communication in OPAP, said the move was discriminatory against OPAP and noted that such a move would have serious negative consequences.
Alternate Finance Ministers Tryfon Alexiadis and Giorgos Houliarakis held talks with representatives of Greece’s international creditors following protests by junior coalition partner Independent Greeks (ANEL) over a proposal for a consumption tax on wine.Following objections by ANEL and a handful of SYRIZA MPs, Alexiadis said he would review the wine tax and present a new proposal to Parliament on Thursday.According to sources, the new proposal is likely to propose a smaller tax on wine (of 0.15 euros rather than the 0.30 euros originally mooted) along with another measure to cover the difference.
Govt reduces special consumption tax on wineMinister Trifon Alexiadis announced in the Parliament that the [extra] tax on wine is reduced from 0.30 euros per liter to 0.15 cents per liter.
Special tax on wine slashedThe government decision to introduce a 40-cent per liter tax on wine caused major uproar in Parliament, both amongst the opposition parties as well as coalition government parties... As a result, the coalition government decided to halve the tax, from 40 to 20 cents per liter. Mr. Alexiadis added that the tax will only apply to wine for domestic consumption and not wine for export.
Greeks will have to pay a new excise tax on wine as of January 1st, 2016, according to a decision published in the Government Gazette.Specifically, the Special Consumption Tax on wine will be 20 cents per liter, or 15 cents per 750 ml bottle.