| In previous years, host countries have refunded VAT
paid on services and facilities connected with the production of olympics
coverage. But Greece is yet to commit refunding VAT paid on transmission
charges and have been giving negative responses so far.
This time VAT refunds are guaranteed only to broadcasters which
have a registered corporate entity in the EU which means that large
broadcasting organisations in some of the wealthier countries outside
of the EU will be able to claim refunds, but broadcasters which
do not have corporate entities in Europe will have to pay the tax.
This is despite the enormous promotional benefits that Greece will
receive overseas.
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