Economic and Financial news / Economic and Tax news / Tax News
by Taxeu · Published November 22, 2024 · Last modified January 16, 2025
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...
Economic and Tax news / Tax News
by Taxeu · Published October 25, 2024 · Last modified January 16, 2025
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 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...
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...
Economic and Tax news / Tax Articles / Tax News
by Taxeu · Published September 13, 2024 · Last modified October 25, 2024
At a glance Establishment of a private equity/ venture capital fund through A.K.E.S (Closed-End Venture Capital Mutual Fund) framework Minimum Assets at €3,000,000 Not a legal entity Tax-transparent for Greek and foreign unitholders Many funds...
Economic and Tax news / Tax Articles / Tax News
by Taxeu · Published October 11, 2023 · Last modified October 25, 2024
Greece among other countries, introduced the Digital Nomad Visa for foreigners who wish to work remotely from Greece (L. 4825/2021, Government Gazette A’ 157/4.9.2021). However, there are so many questions raised regarding the existing tax incentives that apply in the Digital Nomads cases.
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 / Economic and Tax news / Tax News
January 10, 2025
Economic and Financial news / Economic and Tax news / Tax News
Tax Incentives for making Greece an R&D hub
December 31, 2024
