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Posted in News, News for Greece, TAX LAW PRACTICE
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 LAW PRACTICE
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 Cyprus, News for Greece, TAX LAW PRACTICE
VAT Alert on the EUDR Deforestation Regulation
Andersen’s European VAT and Customs specialists have conducted an in-depth review of the newly implemented Regulation on Deforestation-free products (EUDR). This essential regulation imposes strict requirements on goods traded both locally and internationally…
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Posted in News, News for Cyprus, News for Greece, TAX LAW PRACTICE
Navigating DAC7: New Compliance Requirements for Digital Platforms
DAC7 is a new EU regulation mandating digital platform operators to gather and disclose specific details about users selling goods or services in the EU, with penalties for non-compliance. The new DAC7 tax rules apply to digital platforms operating both inside and outside the EU since 1 January 2023.
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Posted in News, News for Greece, TAX LAW PRACTICE
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 LAW PRACTICE
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 LAW PRACTICE
Concealment of tax from account transactions: The decision of the Council of State
In its Decision 2231/2023, the CoE ruled that if the submission of the income tax return has been completed and data on the balance and/or bank account movements have been obtained…
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Posted in News, News for Greece, TAX LAW PRACTICE
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 Cyprus, News for Greece, TAX LAW PRACTICE
Hybrid Event: “Evolution of Tax Practice in Europe”
The Andersen European International Tax Service Line highlights the most recent and pressing developments in international tax law from the specific angle of EU law in a hybrid event: ” Evolution of Tax practice in Europe”.
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Posted in News for Cyprus, TAX LAW PRACTICE
Cyprus News: Tax Calendar 2024
Andersen in Cyprus prepared a short calendar that contains the most critical tax filing and payment deadlines for 2024…