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Greece Planning Personal Income Tax Rate Cuts with Larger Cuts for Families with Children

|Proposed Changes|Greece
Greece

The Greek Ministry of Finance has issued a release on plans for personal income tax rate cuts, with larger cuts for families with children. The general rate cuts include a 2% reduction in the current second, third, and fourth brackets, along with the introduction of a new fifth bracket, resulting in the following brackets/rates:

  • up to EUR 10,000 - 9%
  • EUR 10,001 up to 20,000 - 20% (down from 2…

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