The European Union has approved new rules requiring platforms like Uber and Airbnb to collect and remit VAT on services provided through their platforms, leveling the playing field with traditional businesses. The regulation, effective from 2030, aims to boost VAT revenues by €6.6 billion annually and reduce tax inequalities. Despite initial resistance and a five-year delay, the reforms promise fairer competition and streamlined compliance through a new "one-stop shop" system for businesses across the EU.
Tag: Uber
Uber experienced record growth in Greece during the summer of 2024, driven by a surge in tourist arrivals and an extended summer season. Demand for Uber rides in Athens and Thessaloniki saw significant increases, with trips to major hubs like Athens International Airport and the port of Piraeus surging. Tourists, especially from the U.S. and U.K., favoured Uber for its reliability, while the company expanded its Uber Boat service to popular destinations like Paros and Mykonos.
Uber Technologies announced the expansion of its "Uber Boat" service in Greece, extending from Mykonos to Athens, Corfu, and Santorini. Starting in July, this service will allow visitors to travel to beach clubs and reach remote areas, catering to the increased demand from international tourists. Additionally, Uber will launch "Uber Yacht" in Ibiza and a "limo boat" service in Venice to further enhance its water-transport offerings across Europe.
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