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...
According to par. 3 of Art. 48 of Law. 2238/1994 (old ITC), in case of an increment in a taxpayer’s property coming from an unknown or non-continuous or non-usual source, the taxpayer may be requested...
The agreement between the Greek government and the Maritime Community, regarding the desire of the Community to provide funding for the difficult financial situation facing Greece, was ratified by art. 42 of L. 4301/2014. ...
The Ministry of Finance released on the 6th of October the Circular 1219/2014 regarding the tax treatment of income provided in kind by companies to employees and employees’ relatives. More analytically, if the market...
Our company informs expats in relation to immovable assets, within three domains: 1. The first area consists of property tax issues, such as assistance in meeting tax arrears and the avoidance of new pending immerge....
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%
