Andersen Legal in Greece

On December 12, 2024, Cyprus Parliament approved a bill to implement the EU Pillar Two Directive, ensuring a global minimum tax for multinational and large-scale domestic groups.

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.

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.

This month’s European Partner Spotlight features Cord Vernunft from Andersen in Germany, who shares the impact of economic crises on employment, business adaptation, emerging trends, the role of technology in the workplace, and more.