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Greece introduces amendments to the taxation of ships

|Tax Alerts, Legislation & Policy, National/Federal Taxation|Greece
Greece

The Greek Government, through L. 4646/2019 (A’ 201), has introduced amendments – among others – to the taxation of ships.

This Alert summarizes the key changes.

Fishing vessels/tugboats with a Greek flag – Tax Duty as of 1 January 2020

  • The provisions of article 57 impose a tax duty on all fishing vessels with a Greek flag, as well as tugboats (which operate in maritime transport/shipping services for a time period that does not exceed 50% of their total time of operation). Lifeboats …

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