Posted on

Value Added Tax on Private Education

On November 20, 2015 the Greek Parliament approved new tax legislation rescinding the previously (August 13, 2015) enacted law imposing a Value Added Tax (VAT) on private education.  Hopefully, this most recent vote will be the final legislative act on this highly contentious issue. Given this government decision, the earlier announcement (August 24, 2015) of ACG’s policies to comply with the August 13 VAT legislation can now be withdrawn.

I would like to recognize the strong effort undertaken by the PIERCE Parents Association in coordination with other parent bodies of private schools throughout Greece to reverse the government’s August 13 law. Greek parents made a compelling public case for the unfairness and inevitable adverse impact of the VAT law, and I am certain this collective voice was a material factor in reversing the legislation.

David G. Horner, PhD
The American College of Greece