x

SPORTS

Avgenakis: VAT Reduction to Be Introduced on Sports Contracts and Venue Tickets

August 23, 2019
ANA

ATHENS – Deputy Sports Minister Lefteris Avgenakis on Thursday announced the reduction of VAT on athletes’ contracts and on tickets for the public.

Avgenakis announced the new measures at a meeting with officials from the field of football adding that he will table it in parliament next week.

“Tax on contacts will be reduced, as will the tax on tickets,” Avgenakis said. “I can tell you, with reservations, that it will be reduced to the lowest VAT level because I expect the approval from the General Accounting Office. But it will certainly not remain at 24 pct, which was very high and did not follow the spirit of other sports and cultural activities. This means that you will see more liquidity in your coffers and there will be more incentives for donations and sponsorships to the sports clubs and associations,” Avgenakis said.

RELATED

NEW YORK (AP) — Tyrese Maxey's body was hurting and he was battling the chills on his off night in New York.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

A Palestinian Baby in Gaza is Born an Orphan in an Urgent Cesarean Section after an Israeli Strike

RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.

WASHINGTON - Although human rights groups have chided Greece’s record in dealing with refugees and migrants, alleging pushbacks the government denied happened, the US State Department said Greece’s record is essentially status quo.

While Greece is hoping to lure more foreign companies - especially American - Greek companies are showing interest in investing in the United States to take advantage of aid for environmental and other projects being offered.

ATHENS - Some 67 suspects said to be hooligan supporters of the Olympiacos volleyball team were taken before a prosecutor to face charges of being involved in the death of a police officer struck with a flare during a brawl outside a stadium.

It has been a year since Metropolitan Joachim of Nicomedia – formerly of Chalcedon – passed away and definitively rests in the earth of Chalcedon, in the Metropolis he served with exemplary discretion and dedication.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.