The Greek parliament has reportedly passed legislation that provides for a reduction in the corporate tax rate, the further suspension of capital gains tax on real estate, and the introduction of a new incentive for capital investment for research and development (R&D).
Corporate Tax Rate Reduction
The corporate tax rates are set as follows:
- 29% for the 2018 tax year (no change);
- 28% for the 2019 tax year;
- 27% for the 2020 tax year;
- 26% for the 2021 tax year; and
- 25% for the 2022 an…