Taxexperts.eu FINANCIAL, ECONOMIC AND TAX NEWS
New tax reliefs and changes in compliance procedure were voted for by the Greek Parliament on 05.12.2024. The new measures relieve property owners and are expected to increase the supply of properties on the market....
The Greek tax system offers an attractive framework for passive income, featured by exemptions and flat tax rates, rather than progressive tax brackets commonly found in other European countries. This fact allows financial planning and...
Introduction Generally, holding companies are companies that own shares (either majority or minority) in other companies primarily for investment purposes. In addition to shares of other companies, holding companies can also own real estate, royalties,...
Introduction Greece has always adopted a very broad interpretation of what it considers as royalties, compared to the more restrictive definitions outlined in the OECD Guidelines. Greece’s expansive interpretation is clearly reflected in its application...
Introduction Thanks to the new tax incentive schemes, such as 5B and 5C, many people relocate to Greece to pass their lifetime. The transfer of their assets to descendants is a crucial matter and requires...
Introduction Law 5073/2023 and circular 2024/2024 introduced a structural change in the short-term rental activity in Greece, aiming to ensure fair market conditions between real estate owners and the tourism industry. This new framework that...
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...