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Economic and Financial news / Tax Articles

September 10, 2015

Immigration Code, Social integration and further ordinances

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

March 18, 2015

New fields in income tax returns of 2015

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...

Economic and Financial news / Tax Articles

December 1, 2014

Settlement of taxes due confirmed by 1st October 2014

The Circular 1245/20.11.2014, which modifies Circular 1236/07.11.2014, was released, regulating the settlement of tax liabilities due coming from taxes imposed until October 1, 2014. Debt falling in the regulation A. Confirmed and overdue tax liabilities,...

Economic and Financial news / Tax Articles

November 17, 2014

Details on investments of strategic interest and residence permits

The Joint Ministerial Decision No. 53969/2014 / 22.10.2014 was released by the Deputy Ministers of Interior and Development, defining the procedure regarding the issuance of residence permits to individuals who carry out strategic investments. Minimum...

Economic and Tax news / Tax Articles

November 4, 2014

Changes in the input VAT deduction process

On 30/10/2014, the General Secretary of the Public Revenue released a Decision on simplifying the process of input VAT deduction. This regulation relates to the approved warehouse-keepers of alcohol and alcoholic beverages owning more than...

Tax Bulletin

October 23, 2014

Remmitances abroad during 2009 – 2011

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...