Greece Passes Legislation for Corporate Tax Rate Reduction, Real Estate Capital Gains Tax Suspension, and R&D Capital Investment Incentive
The Greek parliament has reportedly passed legislation that provides for a reduction in the corporate tax rate, the further suspension of capital gains tax on real estate, and the introduction of a new incentive for capital investment for research and development (R&D).
Corporate Tax Rate Reduction
The corporate tax rates are set as follows:
- 29% for the 2018 tax year (no change);
- 28% …