Read the most important financial, accounting and tax updates during the Summer 2016 in Greece. The European Commission has proposed to provide access to the tax authorities to the information of the ultimate beneficial owners...
Individuals taxation The global income of Greek tax residents is subject to tax in Greece. Non Greek tax residents are subject to tax only for earnings generated in Greece. Different tax rates or tax bands...
Economic and Financial news / Tax Articles
by Taxeu · Published June 6, 2016 · Last modified August 3, 2016
A large number of Greeks has left Greece and now permanently resides abroad due to the unfavorable economic situation in Greece. At the same time, a significant number of our compatriots have occasionally migrated abroad...
With the adoption by the Parliament of the Law on the reform of the insurance-pension system, the tax system was modified as well. The recent legislation includes fiscal provisions, many of which follow a different...
Economic and Financial news / Tax Articles
by Taxeu · Published September 10, 2015 · Last modified August 3, 2016
Subject: Guidelines regarding the implementation of ordinances of paragraph 1, article 26 of the law v.4251/2014 (GG 80 A) “Immigration Code, Social integration and further ordinances”. With the ordinances of paragraph 1, article 26 of...
Economic and Financial news / Tax Bulletin
by Taxeu · Published March 18, 2015 · Last modified August 3, 2016
Incomes generated in 2014 are going to be taxed in accordance with new Income Tax Code – ITC (Law 4172/2013), effective since 01/01/2014. The new tax framework brings significant changes regarding the taxation of payroll...
#Greece
Corporate Tax: 28% -> 24% (from 01/01/19)
Dividend Tax: 15% -> 5% (from 1/1/2020) – 10% (from 1/01/2019 to 31/12/2019)
VAT: 6% | 13% | 24%
Interest: 15%
Royalties: 20%
Capital Gains: 15%
#UK
Corporate Tax: 19%
Dividend Tax: 0% for non-residents
VAT: 0% | 5% | 20%
Interest: usual income tax rates for residends
Royalties: 0% withholding tax
Capital Gains: usual income tax rates for residends, 0% for non-residents
#Malta
Corporate Tax: 35% (refund applicable to non-residents)
Dividend Tax: 0%
VAT: 0% | 5% | 7% | 18%
Interest: 0% for non-residents
Royalties: 0% for non-residents
Capital Gains: 0% to 8%
Economic and Tax news / Tax Articles / Tax News
The rise of “Digital Nomads” in Greece
November 11, 2021