The Greek Public Revenue Authority (AADE) has published Circular E. 2012 of 30 January 2020, which clarifies the reduction of the tax rate on dividends from 10% to 5% by the tax reform law approved in December 2019, including the withholding tax rate.
The circular provides that the 5% tax rate applies to dividend income derived from 1 January 2020 and, the withholding tax at a rate of 5% applies for dividends distributed where the approval decision was taken from 1 January 2020 onwards. Whe…