Refund of credit balance for TAX/VAT

23 September, 2020

The Tax Department refers to the recent amendments to the Legislations on:

  • Certification and Collection of Taxes, Law N.126(I)/2020
  • Tax Added Value Law, N.122(I)/2020

in relation to the return of credit balance for Tax/VAT and advises that Tax/VAT credit balance will NOT be refunded to a taxable person/company that have failed to submit the relevant tax returns required by the above Legislations.

Specifically, a request from a taxable person, for a refund of the Tax balance/VAT will be rejected if the taxable person have failed to submit the relevant tax returns. When the taxable person/company complies with the above Legislations, the application for refund must be re-applied in accordance with the provisions of applicable law.Information on the latest amendments to the Legislation can be found at:

•       Interpretation Circular 46 – Income Tax (in Greek)

•       Interpretation Circular 242 – Value Added Tax (in Greek)

Latest News

Get in Touch

    We respect your privacy and your personal information will be maintained in accordance with our "Privacy Policy", by clicking Submit you agree to this policy.

    Fax +357 25 584 514
    Hours Monday - Friday
    From 8am to 5pm