Economic and Financial news / Tax News
by Taxeu · Published October 18, 2024 · Last modified October 25, 2024
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...
Economic and Financial news / Economic and Tax news / Tax Articles
by Taxeu · Published September 20, 2024 · Last modified October 25, 2024
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...
Based on the decision of the Council of State Introduction The institution of “marital cohabitation” has historically existed in Greece (i.e. the, by definition, common cohabitation of spouses following their marriage), and as a result...
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...
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...
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%
Economic and Financial news / Tax News
The new landscape of short-term rental in Greece
October 18, 2024
