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.
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.
All the details on the proposed favorable tax regime for foreign individuals who are willing to transfer their residency in Greece The Ministry of Finance tabled to the Parliament a new Tax Bill. Including...
The Greek State after having introduced for the first time in Greece by Law 4646/2019 a favorable Non-Dom tax regime based on which individuals may benefit from the Non-Dom taxation as from tax year 2020...
Extension of VAT payment Payment of VAT amounts is extended for the affected enterprises until 31 August 2020. This concerns amounts payable during the period from 11 March 2020 until 30 April 2020. To date,...
OECD Guidelines Under the Framework of Tax Base Erosion and Profit Shifting (OECD / BEPS Project), OECD developed 15 actions targeting to provide the appropriate tools to the Governments for addressing Tax Evasion. Actions 8...
The taxation of investment income is of high interest for Greek taxpayers and foreign investors. Different tax treatments are raised from distributions and transactions on listed stocks, bonds, shares of unlisted companies and UCITS. Our...
TAX HIGHLIGHTS
#Greece
Corporate Tax: 22%
Dividend Tax: 5%
VAT: 6% | 13% | 24%
Interest: 15%
Royalties: 20%
Capital Gains: 15%
#UK
Corporate Tax: 19-25%
Dividend Tax: 0% for non-residents
VAT: 0% | 5% | 20%
Interest: usual income tax rates for residents
Royalties: 0% withholding tax
Capital Gains: usual income tax rates for residents, 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%