The Greek Public Revenue Authority (AADE) has announced the publication of a decision in the 23 December 2019 edition of the Official Gazette that extends the 30% reduction of the standard VAT rates for the islands of Chios, Kos, Leros, Lesbos, and Somos to 30 June 2020. Without the extension, standard VAT rates would have applied from 1 January 2020. The five islands are the last islands eligible for the VAT reduction, which has been phased out for other Greek islands as part of Greece's ba…