Income taxation on natural persons | top Law 2238/1994 (Income Tax Code) Article 1 Tax is imposed on the total net income generated in Greece or abroad that is derived by any natural person that fulfils the requirements of article 2. Article 2 Every natural person that derives income generated in Greece is subject to [...]
Bilateral treaties for the avoidance of double taxation | Greece has entered into such treaties with the following countries: COUNTRIES LAW / LEGISLATIVE DECREE / EMERGENCY LAW GOVERNMENT GAZETTE ISSUE SIGNED DATE OF ENFORCEMENT U.S.A L.D.2548/53 231 & 333/1953 20/02/1950 30/12/1953
Article 4V All Greek citizens contribute to public expenditures without distinction according to their financial ability. Article 78 A tax may be imposed only by law passed in Parliament. The Parliament may not delegate its legislative power to the Government or other authority concerning the object and the rate of taxation as well as the [...]
When you let your property for short term holiday rentals, you are obligated to have an EOT licence (Greek National Tourist Board). However, not for family and friends to use your property for FREE. Obtaining a license from the Greek National Tourist Board (EOT) are: 1.Application form. 2.Declaration by applicant. 3.Rental agreement. 4.Certificate form the [...]
1.Research property, verify shares of takers, verify property parameters (see above) 2.If and when property is identified your attorney may recommend hiring a local surveyor to map out property that has a high value. 3.Calculate the property’s value (in some cases it has an objective value which is set by the Tax Office, in other [...]
