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Plakias / Re: Taking Currency for holiday
« on: May 15, 2015, 09:22:21 PM »
Here is the list, strangely Crete is not listed but certainly has more than 3,100 inhabitants.
It does seem an odd list. Similarly missing are: Corfu, Kefalonia, Zakynthos (and others, but this is not test of our knowledge of Greek geography and population).
Arnaki
The answer I think is that Crete and the Ionian islands already have a higher rate of tax (?VAT) than the islands on the list.
With regard to the payment by credit/debit card for everything over €70 this is nothing more than a tax collectors charter. We all know that avoiding tax is a national pastime (and that is why cash is king) but what intrigues me is long it will take to set up once the law is enacted and, more importantly, whether prices will have to rise or will the traders be able to stand the increased costs to their business if they absorb the increases. I doubt they will be able to absorb the costs and will have to pass them on to us but I doubt it will happen for several months if at all this season.