Greece Tax Agency Posts Circular on VAT Impact of No-Deal Brexit for Businesses


The Greek Independent Authority for Public Revenue April 5 posted online a circular clarifying VAT payments and refunds for businesses in the event of a no-deal Brexit. Topics covered include: 1) VAT exemptions for imports and exports; 2) refund application procedures before and after Brexit for U.K. companies; 3) VAT payments and liabilities under a no-deal Brexit; 4) cross-border supplies of goods and services for U.K. registered suppliers; and 5) registration obligations and refund procedures for U.K. entities doing business in EU member countries. [Greece, Independent Authority for Public Revenue, 04/05/19]