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...
The Circulars 1212/09-26-2014 and 1214/09-30-2014, released by the General Secretariat of Public Revenues, have modified the procedures for VAT payment and refund respectively. More specifically, according to POL 1212/09-26-2014, the refund claims, submitted by subjected...
A number of significant changes regarding VAT took place in 2014, with the abolition of the annual VAT clearance return and the new simplified VAT form (effective from 01/01/2015) being the most important. TaxExperts’ VAT...
The Ministry of Finance is planning to exempt pensioners from the obligation to submit an income tax return, if they do not receive income from other sources. This practice is expected to be effective from...
VAT is an indirect tax imposed on the final consumer of goods or recipient of services. In this short article, we will try to examine the VAT charged on the repair and maintenance cost of...
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%
