The Greek Ministry of Finance has issued a release on its four-phase plan for supporting and reopening the economy in light of the COVID-19. The key points of the release concern the third phase, which is to begin implementation next week. These are summarized as follows:
Although not clear from the release, the R&D deduction is assumed to refer to the 30% super deduction, i.e., a 130% deduction for qualifying expenditure, meaning a 200% deduction will be provided. Further details will be published once available.
We’re here to answer any questions you have about the Orbitax products and services.
We’re committed to providing high value, low cost tax research and management solutions.
Our Twitter account is where you can find latest information, news updates, offers and lots more.