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Posted in News, News for Greece, PAYROLL SERVICES, TAX SERVICES
Tax Policy on Tips in EU Countries
Tips constitute a significant portion of income for workers, especially in the hospitality and food service industries. In Greece, recently, an intense debate was sparked following the government’s decision to tax tips, with an exemption of up to €300 per month.
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Posted in News, News for Greece, TAX SERVICES
Digital Transaction Fee
The Digital Transaction Fee introduced with the enactment of Law 5135/2024 replaces the old Stamp Duty Code and comes into effect on 01/12/2024. Transactions executed up to and including 30/11/2024 will be subject to the Stamp Duty.
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Posted in News, News for Greece, TAX SERVICES
Andersen in Greece: Shortlisted for ITR EMEA Tax Awards 2024
Andersen in Greece has been shortlisted for this year’s ITR EMEA Tax awards in the category of “Tax Advisory Firm of the Year
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Posted in News, News for Greece, TAX SERVICES
Tax treatment of compensation for voluntary exit: The decision of the Supreme Court
According to article 14 par.1 of the Labor Code, lump sum compensation does not mean only the lump sum payment, but also the lump sum calculation…
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Posted in News, News for Greece, TAX SERVICES
Loan amortization presumption: What applies to a natural person who has repaid
According to the recent decision of the Dispute Resolution Department, the presumption of repayment of loan installments rests with the person who is proven to pay the installment amounts.
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Posted in News, News for Greece, TAX SERVICES
Short-Term Lease: What applies to income taxation
With the new circular (E 2024/2024), the AADE (Independent Authority for Public Revenue) aims to provide clarifying guidelines regarding the taxation of income derived from short-term leasing of properties.
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Posted in News, News for Greece, TAX SERVICES
Concealment of tax from account transactions: The decision of the Council of State
By Decision 2231/2023, the Council of State ruled that, if the submission of the income tax return has been completed and data on the balance and/or transactions of bank accounts emerge…
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Posted in News, News for Greece, TAX SERVICES
The Special Property Tax (SRET) is constitutional
With Law 3842/2010 the tax rate was increased from 3% to 15% retroactively from 01/01/2010 calculated on the objective value of real estate. The CoE acknowledged that this is a very high tax, however the law provides for exemption from paying this tax …
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Posted in News, News for Greece, TAX SERVICES
VAT: What changes with the pre-filling of returns
With the recent passage of Law 5073/2023, the universal implementation of electronic books (myDATA) was defined. Documents are uploaded in real time and not the next day, as is the case today. The obligation applies to all ways of issuing and sending these documents.
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Posted in News, News for Greece, TAX SERVICES
What applies to the additional tax of up to 15% on the profits of multinationals and large groups
In the new proposal, the Minister of Economy and Finance and the competent Deputy Minister propose the introduction of a minimum tax rate for multinational companies and large-scale domestic groups of up to 15% of profits.