Tax treatment of real estate income from USA
Introduction It is well known that the Greek community in the US became larger during the deep recession in Greece. Many people moved to the US to make their living and make wealth. Nowadays, the...
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Establishment of a Family Office in Greece
Introduction The Greek government has introduced a legal framework via L.4778/2021 (as in force) to integrate Family Offices into the Greek business landscape. In a nutshell, Family Offices (FO) are Special Purpose Vehicles (SPVs), incorporated...
Private Equity and Venture Capital Funds – The AKES case in Greece
At a glance Establishment of a private equity/ venture capital fund through A.K.E.S (Closed-End Venture Capital Mutual Fund) framework Minimum Assets at €3,000,000 Not a legal entity Tax-transparent for Greek and foreign unitholders Many funds...
Article 5A of the Greek Income Tax Code
A. Conditions for inclusion in the regime Individuals who transfer their tax residence to Greece may opt for alternative taxation of foreign-sourced income, provided that they fulfill the following conditions cumulatively: a) he/ she was...
Unlocking Opportunities: Digital Nomads and Tax Incentives in Greece
Greece among other countries, introduced the Digital Nomad Visa for foreigners who wish to work remotely from Greece (L. 4825/2021, Government Gazette A’ 157/4.9.2021). However, there are so many questions raised regarding the existing tax incentives that apply in the Digital Nomads cases.
The rise of “Digital Nomads” in Greece
Greece has made significant steps, becoming one of the first countries to transform into a digital innovation destination, introducing a new law attracting “digital nomads”
Tax Alert
On February 4th 2021, the Greek Parliament voted the Draft Bill introduced by the Ministry of Finance for addressing the ongoing multiple impacts on taxation due to COVID-19 Pandemic.
