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23% tax on food?

 
YaRight
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User ID: 1219589
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09/01/2011 11:54 AM
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23% tax on food?
Found this out from another thread I posted

source
[link to www.grreporter.info]


The Federation members call their counterparts to join the I Do not Pay movement because from September 1, 2011, the VAT on restaurant goods and services will be 23%. The new higher VAT value made the businessmen in the sector angry as it is the fourth increase in a row since the beginning of the crisis. Less than two years ago, the tax was only 9%. It was then increased to 11% and when the main value of the VAT became 23%, the tax on food and drink reached 13%. The goods available in restaurants, cafes, bakeries, and taverns have benefited a far lower VAT because they are directly related to catering and tourism - two sectors that are essential for the Greek economy.

all I can say is Damn
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
User ID: 1477938
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09/01/2011 11:55 AM
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Re: 23% tax on food?
Found this out from another thread I posted

source
[link to www.grreporter.info]


The Federation members call their counterparts to join the I Do not Pay movement because from September 1, 2011, the VAT on restaurant goods and services will be 23%. The new higher VAT value made the businessmen in the sector angry as it is the fourth increase in a row since the beginning of the crisis. Less than two years ago, the tax was only 9%. It was then increased to 11% and when the main value of the VAT became 23%, the tax on food and drink reached 13%. The goods available in restaurants, cafes, bakeries, and taverns have benefited a far lower VAT because they are directly related to catering and tourism - two sectors that are essential for the Greek economy.

all I can say is Damn
 Quoting: YaRight


:cap23:
YaRight (OP)

User ID: 1219589
United States
09/01/2011 11:57 AM
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Re: 23% tax on food?
another source

[link to economictimes.indiatimes.com]



"A significant debt increase, a high primary deficit and the deep recession have boosted to the extreme the debt dynamic, which is now out of control," the newly-formed State Budget Execution Monitoring Office, staffed by independent analysts, said in a report.

"These developments seem to offset to a great extent the positive impact" of the latest EU loan package of 159 billion euros ($229 billion) agreed last month, it added.

Venizelos insisted on Thursday that the document "lacks the validity" of equivalent international reports.

Greece is currently undergoing an EU-IMF-ECB audit which will determine whether it will be given the latest portion out of an earlier 110-billion-euro loan that pulled the country back from the brink of bankruptcy last year.

Held down by cutbacks, the Greek economy is shrinking at an alarming rate, with Venizelos last week admitting it will likely contract by more than 4.5 percent this year, worse than an earlier 3.5 percent forecast.
The most terrifying words in the English language are: I'm from the government and I'm here to help.
YaRight (OP)

User ID: 1219589
United States
09/01/2011 12:01 PM
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Re: 23% tax on food?
Found this out from another thread I posted

source
[link to www.grreporter.info]


The Federation members call their counterparts to join the I Do not Pay movement because from September 1, 2011, the VAT on restaurant goods and services will be 23%. The new higher VAT value made the businessmen in the sector angry as it is the fourth increase in a row since the beginning of the crisis. Less than two years ago, the tax was only 9%. It was then increased to 11% and when the main value of the VAT became 23%, the tax on food and drink reached 13%. The goods available in restaurants, cafes, bakeries, and taverns have benefited a far lower VAT because they are directly related to catering and tourism - two sectors that are essential for the Greek economy.

all I can say is Damn
 Quoting: YaRight


:cap23:
 Quoting: APOLLO ILLUMINAUGHTY


close to the breaking point?
The most terrifying words in the English language are: I'm from the government and I'm here to help.
YaRight (OP)

User ID: 1219589
United States
09/01/2011 12:08 PM
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Re: 23% tax on food?
Do you guys realize what this is going to do? Why would tourist go to Greece if the cost in higher there? This will just drive the negative growth even faster
The most terrifying words in the English language are: I'm from the government and I'm here to help.
008-80

User ID: 1391397
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09/01/2011 12:11 PM
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Re: 23% tax on food?
More Euros for gyros tomato
YaRight (OP)

User ID: 1219589
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09/01/2011 12:13 PM
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Re: 23% tax on food?
go read this

Thread: it will start in Europe


read the 2 page

then see if you see what I am seeing
The most terrifying words in the English language are: I'm from the government and I'm here to help.

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