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Posted in News for Cyprus, News for Greece, TAX SERVICES
Article: Commission waives customs duties and VAT on the import of medical equipment
The European Commission has published a decision helping Member States affected by the coronavirus pandemic to temporarily suspend customs duties and VAT on protective equipment, testing kits or medical devices…
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Posted in News for Greece, TAX SERVICES
Greek “non-dom” Tax Regime
Following several countries’ practices (i.e. Cyprus, Italy, Malta, Portugal, United Kingdom), Greece introduced a “non-domicile” tax regime for foreign individuals who wish to transfer their tax residency to Greece…
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Posted in News for Greece, TAX SERVICES
Tax Certificate: New Decision of the Council of the State
The Council of the State has issued the decision number 320/2020 in relation to the final settlement of financial years following the issuance of a tax certificate issued by an auditor which has been duly registered in the registry of Law 3693/2008.
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Posted in News for Greece, TAX SERVICES
Article: VAT in Real Estate
The new tax law vote in late 2019, included new provisions in relation to VAT Code as concerns real estate. In this regard, according to the new provisions, the VAT that was imposed on sale of real estate…
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Posted in News for Greece, TAX SERVICES
Article 50: New rules in liability of companies’ management
According to the 50 of the Tax Procedure Code, the individuals who are managers, presidents, administrators, managing directors, chief executives to the management and liquidators of the legal persons and the legal entities at the time of their dissolution or merging,
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Posted in News for Greece, TAX SERVICES
Andersen in Greece – Leading Tax Firm 2020
Our firm ranked as Leading Tax firm for fifth consecutive year by the “World Tax” 2020 edition.. World Tax grants annual awards to tax advisory practices and law firms around the world that demonstrate outstanding performance in their specific field.
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Posted in News for Greece, TAX SERVICES
Nikos Siakantaris’s Interview: Ultimate Beneficial Owner Register – Pros & Cons
During his interview at capital.gr, Nikos Siakantaris commented on the risks and opportunities of the Ultimate Beneficial Owner Register.
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Posted in News for Cyprus, TAX SERVICES
Cyprus signed a new tax treaty with Egypt
On 8 October 2019, Cyprus signed a new tax treaty with Egypt.
The treaty is going to replace the existing tax treaty between the two countries that has been in effect since 1996. -
Posted in News for Greece, TAX SERVICES
Ultimate Beneficial Owner Register: Risk & Opportunities
Anti Money Laundering Directive (AMLD) is a set of regulatory requirements issued by the European Union (EU) containing rules to combat money laundering and terrorist financing by EU member states. In this content, law 4557/2018 introduced the establishment of the ultimate beneficial owner register that puts an end to the unanimity of shareholders.
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Posted in News for Greece, TAX SERVICES
Article: Brexit & VAT Refund
In view of 31st of October 2019, the date on which the UK will withdraw for European Union, the Independent Authority of public revenue, issued a notice with regards to the VAT Refund applications.