Com­mis­sion says pri­vate school VAT breaks rules

Kathimerini English - - Front Page -

The in­terim gov­ern­ment has un­til to­day to de­cide on whether to scrap the 23 per­cent value-added tax on pri­vate ed­u­ca­tion, fol­low­ing a let­ter from the Euro­pean Com­mis­sion on Fri­day warn­ing that the levy in­tro­duced ear­lier this sum­mer clashes with Euro­pean Union reg­u­la­tions, sources told Kathimerini.

The levy is ex­pected to push tu­ition fees at cram­ming schools and pri­vate ed­u­ca­tional in­sti­tu­tions up by as much as 2,000 eu­ros per year. Ac­cord­ing to sources, newly ap­pointed Deputy Fi­nance Min­is­ter Try­fon Alex­i­adis has agreed to lift the tax but is look­ing at mea­sures to off­set the rev­enue losses.

Pri­vate schools have un­til to­day to de­clare their VAT sta­tus.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.