Greece News

Greece To Attract Wealthy With Lump Sum Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 18, 2019

The Greek Government will reportedly include a lump sum flat tax in forthcoming tax legislation intended to encourage wealthy foreigners to relocate to Greece. Read Full Story

Greek 2020 Budget Submitted

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 11, 2019

On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis. Read Full Story

Greek PM Outlines Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

Greek Prime Minister Kyriakos Mitsotakis recently confirmed the Government's intention to proceed with numerous tax reduction measures, including a cut in corporate tax. Read Full Story

Greek Lawmakers Approve Property Tax Relief

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 8, 2019

On July 30, 2019, the Greek parliament approved government proposals for a reduction in the unified property tax, ENFIA, and relaxed repayment rules for individuals with other tax debts. Read Full Story

Greece Warned On Tax Rules Concerning Foreign Losses

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The European Commission has urged Greece to align its rules regarding the limited deductibility of foreign losses. Read Full Story

New Greek Government Planning Deep Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, July 16, 2019

Following its recent election victory, the New Democratic Government in Greece will bring forward legislation for a wide range of tax cuts, including a substantial reduction in corporate tax and value-added tax relief, Prime Minister Kyriakos Mitsotakis announced on July 7, 2019. Read Full Story

Greek Parliament Approves VAT Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 21, 2019

The Greek Government has announced that parliament has approved legislation reducing the rate of value-added tax on food and energy. Read Full Story

EU To Probe Potential Abuses Of Citizenship By Investment Schemes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 28, 2019

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

Greece To Cut Corporate Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 28, 2018

Greece will gradually lower the rate of corporate tax over the next four years, under proposals announced in September and recently approved by the Greek parliament. Read Full Story

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

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