Category: Tax News

Changes in the input VAT deduction process

On 30/10/2014, the General Secretary of the Public Revenue released a Decision on simplifying the process of input VAT deduction. This regulation relates to the approved warehouse-keepers of alcohol and alcoholic beverages owning more than...

Remmitances abroad during 2009 – 2011

According to par. 3 of Art. 48 of Law. 2238/1994 (old ITC), in case of an increment in a taxpayer’s property coming from an unknown or non-continuous or non-usual source, the taxpayer may be requested...

Shipping companies voluntary grant 2014 – 2017

The agreement between the Greek government and the Maritime Community, regarding the desire of the Community to provide funding for the difficult financial situation facing Greece, was ratified by art. 42 of L. 4301/2014.  ...

The Tax Scheme for Income in Kind and Benefits

The Ministry of Finance released on the 6th of October the Circular 1219/2014 regarding the tax treatment of income provided in kind by companies to employees and employees’ relatives.   More analytically, if the market...

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