Greece Approves Legislation Amending Individual Income Tax, Solidarity Tax and Dividends Tax
On 8 May 2016, the Greek parliament approved legislation that includes increases to individual income tax rates, special solidarity tax rates and dividends withholding tax rates. The changes include:
- The individual income tax rates are increased overall with a top rate of 45%, and an additional middle income bracket is added;
- The solidarity tax rates that apply for individual income are increa…