Gift and Inheritance Taxation in Greece
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...
Category: Tax News
The new landscape of short-term rental in Greece
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...
Tax treatment of real estate income from USA
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...
Establishment of a Family Office in Greece
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...
Private Equity and Venture Capital Funds – The AKES case in Greece
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...
Unlocking Opportunities: Digital Nomads and Tax Incentives in Greece
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.
