The Property Tax (ENFIA) is an annual tax imposed on real estate property in Greece. It was introduced in 2013 under Law 4223/2013, replacing earlier taxes like the Emergency Special Duty on Electrified Structured Spaces....
Economic and Financial news / Economic and Tax news / Tax News
by Taxeu · Published January 10, 2025 · Last modified January 16, 2025
Free stocks and stock options plans are powerful incentives for attracting and retaining talent in companies. These programs align employees’ goals with the company’s success by offering financial rewards tied to company performance. They motivate...
Economic and Financial news / Economic and Tax news / Tax News
by Taxeu · Published December 31, 2024 · Last modified January 16, 2025
In an effort to attract new investments, stimulate the economy, and combat unemployment, the Greek government has introduced tax incentives under Article 22A of the Income Tax Code, as amended by L.5162/2024. These incentives specifically...
Economic and Financial news / Economic and Tax news / Tax News
by Taxeu · Published December 16, 2024 · Last modified January 16, 2025
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....
Economic and Tax news / Tax News
by Taxeu · Published December 6, 2024 · Last modified January 16, 2025
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...
Economic and Financial news / Economic and Tax news / Tax News
by Taxeu · Published November 29, 2024 · Last modified January 16, 2025
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,...
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