Globitair

Greek Businesses Warned 'Free' Treats Are Not Tax-Free After Pizza Chain Scandal

iefimeridaGreece

Greek Businesses Warned 'Free' Treats Are Not Tax-Free After Pizza Chain Scandal

A leading Greek business chamber has warned companies that labeling goods as free "treats" or gifts does not exempt them from issuing receipts or paying sales tax. The warning follows a scandal in which a pizza chain allegedly used the practice to hide millions in sales. "Simply marking something as a 'gift' or 'treat' is not enough, and the 10 euros (threshold) does not abolish the receipt," the Piraeus Chamber of Commerce and Industry said, citing guidance from Greece's tax authority. The chamber said every sale requires a receipt, regardless of amount. A 10-euro ($11.60) limit applies

Read the full story at iefimeridaOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Greece