by Atlas Consulting | 28/05/2021 | News Greece, Taxes Related Issues
What if a tax resident of other country works and pay taxes in Greece? Personal income tax return filing The employee is always obliged to file for tax return. The employer is obliged to report and withhold tax on monthly basis. Withheld tax and the monthly report of...
by Atlas Consulting | 28/05/2021 | News Greece, Taxes Related Issues
What if a Greek tax resident works in one or more countries? Personal income tax return filing Employee with income taxable abroad is obliged to file income tax return, while a yearly tax reconciliation by the employer is not allowed. The due date for the tax return...
by Atlas Consulting | 28/05/2021 | Taxes Related Issues
Indicative penalties imposed related to tax, social security and health insurance Penalties related to tax Delayed filing of the tax return The fine is EUR 100 for employees Delayed payment of the due tax The fine is 0.73 % p.m. from the value of overdue tax Delayed...
by Atlas Consulting | 28/05/2021 | News Greece, Taxes Related Issues
Tax residency – When someone is regarded tax resident of Greece? Definition and requirements In Greece, a person is regarded a tax resident if they fulfil formal and material requirements, such as: they have a permanent residence or home in Greece (available...
by Atlas Consulting | 22/02/2021 | News Greece, Taxes Related Issues
Tax incentives for the transfer of tax residence in Greece Independent, annual tax of 7% is provided for retirees who will transfer their tax residence in Greece, from 2021 and for the next 15 years, while employees who also transfer their tax residence will also be...
by Atlas Consulting | 27/01/2021 | News Greece, Taxes Related Issues
New Tax Law – New Tax Incentives for Foreign pensioners relocation in Greece According to the new tax law that provides tax incentives for foreign pensioners and will be applied from 2021, will enable individuals pensioners from abroad to be subject to a...
