tax-efficient investment vehicle

Newly released guidance on the taxation of capital gains from the alienation of real estate properties located in Greece held by individuals - ECOVIS Greece

Newly released guidance on the taxation of capital gains from the alienation of real estate properties located in Greece held by individuals

The Independent Authority for Public Revenues has recently issued guidance (Circ. E.2031/2023) regarding the taxation of capital gains resulting from the sale of real estate properties in Greece owned by individuals, whether they are local or foreign taxpayers. According to the Greek Income Tax Code (L. 4172/13), as a general rule, individuals are subject to […]
Greece introduces deferral of capital gains tax on certain securities transactions - ECOVIS Greece

Greece introduces deferral of capital gains tax on certain securities transactions

A deferral of capital gains tax on certain securities transactions in Greece is now provided by newly enacted Law No. 5024/2023 Anticipated to offer a strong incentive for the establishment of holding companies in Greece, a deferral of capital gains tax on certain securities transactions will now apply by virtue of recently enacted Law No. […]