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New fields in income tax returns of 2015

Incomes generated in 2014 are going to be taxed in accordance with new Income Tax Code - ITC (Law 4172/2013), effective since 01/01/2014. The new tax framework brings significant changes regarding the taxation of payroll and profit income, dividends, capital gains, interests etc.

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Settlement of taxes due confirmed by 1st October 2014

The Circular 1245/20.11.2014, which modifies Circular 1236/07.11.2014, was released, regulating the settlement of tax liabilities due coming from taxes imposed until October 1, 2014.

 

Debt falling in the regulation

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Details on investments of strategic interest and residence permits

 

The Joint Ministerial Decision No. 53969/2014 / 22.10.2014 was released by the Deputy Ministers of Interior and Development, defining the procedure regarding the issuance of residence permits to individuals who carry out strategic investments.

 

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Changes in the input VAT deduction process

 

On 30/10/2014, the General Secretary of the Public Revenue released a Decision on simplifying the process of input VAT deduction. This regulation relates to the approved warehouse-keepers of alcohol and alcoholic beverages owning more than one tax warehouses.

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Remittances abroad during 2009 – 2011

According to par. 3 of Art. 48 of Law.

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Shipping companies voluntary grant for years 2014 - 2017

 

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The Tax Scheme for Income in Kind and Benefits

 

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VAT payment and refund

The Circulars 1212/09-26-2014 and 1214/09-30-2014, released by the General Secretariat of Public Revenues, have modified the procedures for VAT payment and refund respectively.

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The Greek economy and the most important Task Force suggestions

 

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The structure of real estate property in Greece

After the clearance of the new property tax (ENFIA), the Ministry of Finance released interesting information regarding the property status of Greeks citizens. More analytically:

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