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Posted in News, News for Greece, TAX LAW PRACTICE
VAT discount on investment goods
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Greece, TAX LAW PRACTICE
One Stop Shop 2.0- VAT return for e-Commerce
The application of One Stop Shop 1.0 allows businesses providing services and supplying goods to register for VAT purposes in a single EU Member State(s) and remit to it the VAT applicable to the other Member States, for…
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Posted in News, News for Greece, TAX LAW PRACTICE
Online Establishment of a Sole Proprietorship
From January 13, 2023, the commencement of an individual business will now be able to be carried out through a special electronic application, accessible through the Unified Digital Portal of the Public Administration …
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Posted in News for Cyprus, News for Greece, TAX LAW PRACTICE
R&D Incentives Reference Guide
Activities related to research, development, and innovation (R&D&I) are crucial for enterprises. A large proportion of corporations is engaged in research, development, and innovation (R&D&I) activities since an innovative approach is inevitable for long-term success. However, most of them are unfamiliar with the concept of R&D…
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Posted in News, News for Greece, TAX LAW PRACTICE
Central Register of Beneficial Owners: Not in line with the EU Charter of Fundamental Rights
With Law 4557/2018 “Prevention and Suppression of Money Laundering from Criminal Activities and the Financing of Terrorism” (the “Law”) which entered into force on 30.07.2018 as is known, the European Directive 2015/849 was incorporated into the Greek legal order, which provided for the introduction…
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Posted in News, News for Greece, TAX LAW PRACTICE
DAC 7: New reporting/information obligations for digital platform operators
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Greece, TAX LAW PRACTICE
Debt-Equity Bias Reduction Allowance (DEBRA)
In most countries in the European Union (EU) and in the rest of the world, debt is treated more favorably from a tax perspective than equity, with interest payments to loans generally being tax deductible. In contrast, costs related to equity financing are mostly non-tax deductible…
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Posted in News, News for Greece, TAX LAW PRACTICE
Tax treatment of invisible company
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Greece, TAX LAW PRACTICE
Obligation to pay VAT in case of delivery of property with suspension
The Supreme Administrative Court issued its decision with reference number 730/2023 (SAC 730/2023), which stipulates that the sale of business property to a financial leasing company is exempt from surplus income tax…
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Posted in News, News for Greece, TAX LAW PRACTICE
Tax Incentives for Foreign Residents
Recently, the Minister of Finance, Christos Staikouras, issued a press release regarding “Tax incentives to attract foreign tax residents and investments in Greece”. As stated therein, “A great deal of interest from investors, foreign retirees and workers has been generated by the comprehensive legislative framework…
