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

WIMBLEDON, England (AP) — Nick Kyrgios cursed at the Wimbledon chair umpire and asked, “Are you dumb?” He demanded to see a Grand Slam supervisor after questioning why his opponent, Stefanos Tsitsipas, didn’t forfeit their ever-contentious, never-boring match for angrily hitting a ball into the stands after dropping the second set.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

TNΗ’s Happenings of the Week by Eraklis Diamataris

NEW YORK – The National Herald’s Happenings of the Week as have been reported at the print and digital editions of TNH and presented by the TNH Editor Eraklis Diamataris.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

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