Tuesday September 23, 2014 Search
Weather | Athens
33o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
VAT refund waits over 2 years long

Greek firms are forced to wait an average of 298 days, or nearly 10 months, for their VAT refunds to come through, according to data provided by the General Secretariat of Public Revenue.

The same report noted that VAT refund delays at one particular local tax office were even longer, reaching 797 days, or over two years and two months.

The total amount owed by the state in VAT refunds at the end of last week was 882.8 million euros, up by over 15.2 percent or 120.8 million in that week alone, the secretariats latest data showed.

Also, over the same one-week period, the number of VAT refund applications submitted rose by 766, to 5,367 from 4,601.

The figures showed a slight week-to-week improvement in the average VAT refund waiting time, as it dropped marginally to 298 days last week from 307 the week before. However, data for the total number of enterprises awaiting VAT refunds increased to 23,214 from 22,071 a week earlier, a 5.2 percent increase.

The northern port city of Thessalonikis sixth tax office topped the list in terms of the highest average waiting time for VAT refunds, the period required being 797 days.

The total amount owed by that tax office in VAT refunds stood at 10.7 million euros.

ekathimerini.com , Wednesday August 20, 2014 (20:18)  
Eurobank cancels sale of Ukrainian unit
Greek tech firm inks deal with European Space Agency
Benchmark drops after statements in Germany
Troika visit as scheduled, ministry says
SYRIZA-affiliated Attica governor blocks employee evaluation
Newly installed Attica Governor Rena Dourou is on a collision course with the government after she won a vote on Tuesday calling for the regional authority not to cooperate with the evaluati...
DNA link to three suspects sought for Distomo raid
The fingerprints and DNA of three suspects being sought in connection with an audacious bank robbery in Distomo, in the prefecture of Viotia, in August have been found in an apartment in Nea...
Inside News
TRACK & FIELD
Inside the minds of four Spartathletes
Think you could run 246 kilometers on just figs, olives and dried meat? Well, Greek-American ultra-marathoner Dean Karnazes will attempt to do just that in this weekends Spartathlon race fr...
SOCCER
Santos appointed Portugal manager
Fernando Santos, who led Greece to the last 16 of the World Cup in Brazil, has been appointed Portugal's new head coach, the FPF announced on Tuesday. "Fernando Santos, 59, is the new nation...
Inside Sports
COMMENTARY
A painful curse
It was a curse and a painful one at that. It was a brutal act that brings shame on the person who committed it, on the party which he represents, on the Parliament, on Greece and on everythi...
EDITORIAL
Europes choice
Tuesdays meeting between Greek Prime Minister Antonis Samaras and German Chancellor Angela Merkel in Berlin is of crucial importance. Its hard to deny that Greece has come a long way. The ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. SYRIZA-affiliated Attica governor blocks employee evaluation
2. DNA link to three suspects sought for Distomo raid
3. More Greeks turn to private health insurance
4. Eurobank cancels sale of Ukrainian unit
5. Greek tech firm inks deal with European Space Agency
6. Benchmark drops after statements in Germany
more news
Today
This Week
1. Trolley bus, metro services to be disrupted Tuesday, Wednesday
2. Venizelos meets American Jewish officials in New York
3. German bond gains push 10-Year yield below 1% on stimulus bets
4. Supreme Court postpones decision on Finance Ministry cleaning staff
5. Construction material costs for new residential buildings decrease
6. Greek yields hit one-month high as Samaras looks to exit bailout
Today
This Week
1. Greece can meet its needs on its own
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Record sum of new debts to the state in August
5. Lost in the fog
6. Alexander the Great's tomb not at Amphipolis, says Culture Minister
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.