Web developer & social media enthusiast in Greece

Posts tagged ‘greek tax’

Taxation on natural persons & Corporate tax

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

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

Constitutional Provisions

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 [...]

Things to do when Accepting your inheritance in Greece

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 [...]

Inheriting and owning Property in Greece

So you were left some property in Greece. Converting what has been written and published in a Will, into a Deed in your name, can be a very involved process in Greece. Many factors come into play. How was the Will written? Is the property clearly identified? Many old Greek Wills are vague in their [...]

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