Greece has published Circular No. A.1107, which lists the jurisdictions considered to have preferential tax regime status for the 2018 fiscal year. The list is used in relation to certain tax rules, including the deductibility of expenses and the controlled foreign company regime. Preferential tax regimes are those with a corporate tax rate that is equal to or less than 50% of Greece's tax rate for legal persons/entities resident in Greece or permanent establishments in Greece.
For the 2018 tax year, the list includes:
Albania, Andorra, Anguilla, Bahamas, Bahrain, Belize, Bermuda, Bonaire, Bosnia-Herzegovina, British Virgin Islands, Bulgaria, Cayman Islands, Cyprus, Gibraltar, Guernsey, Hungary, Ireland, Isle of Man, Jersey, Jordan, Kosovo, Liechtenstein, Macau, Macedonia, Maldives, Marshall Islands, Moldova, Monaco, Montenegro, Montserrat, Nauru, Oman, Paraguay, Qatar, Saudi Arabia, Seychelles, Sri Lanka, St. Eustatius, Turks and Caicos Islands, United Arab Emirates, Uzbekistan, and Vanuatu.
As compared to 2017, the only change is that San Marino is not included in the 2018 list.
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