OrbitaxOrbitax

New Greek Government Plans to End Austerity Including Corporate and Other Tax Rate Cuts

|Proposed Changes|Greece
Greece

Greece's new Prime Minister Kyriakos Mitsotakis has announced that the government plans to introduce the following tax changes:

  • a reduction in the corporate tax rate from 28% to 24%;
  • a reduction in the dividends withholding tax rate from 10% to 5%;
  • a reduction in the standard 24% rate to 22% and a reduction in the reduced 13% VAT rate to 11%, as well as a suspension of VAT in the building sect…

Continue Reading