June 2008
There are no significant changes in the Greek 2008 tax rates, compared to 2007.
For individuals, the 27% and 37% tax rates replace the 2007 rates of 29% and 39%.
From March 2008 the custom authorities no longer issue receipts for cash brought at the entry point to Greece. Investors are advised to use bank transfers.
Greece Income Tax
January 2007
From 1.1.2007 Greece's new corporate tax rate is 25% (previous rate-29%).
Individual income tax rates for 2007 are progressive, 15%, 29%, 39% and 40% fore income over EUR 75,001.
Greece Income Tax
January 2006
From 1.1.2006 the new corporate tax in Greece is 29% (previous rate-32%).
Greece V.A.T
April 2005
From 1.4.2005 the new standard v.a.t. rate in Greece is 19% (previous rate - 18%).
There are reduced v.a.t. rates of 9% and 4.5%.(previous rates - 8% and 4%).
Greece Income Tax
August 2004
Greece's finance minister announced that Greece's corporate income tax rate will be reduced to 25% within the next 3 years.
