OrbitaxOrbitax

Greek Parliament Approves Law Providing Increased Deduction for R&D Expenditure

|Approved Changes|Greece
Greece

On 27 July 2020, the Greek parliament approved a law providing for the increased deduction of R&D expenditure announced by the Ministry of Finance in May as part of its plan for supporting and reopening the economy in light of the COVID-19 pandemic. This includes that expenditure incurred for scientific and technological research (R&D expenditure), including depreciation of equipment and instruments used for the purpose of conducting scientific and technological research, is 100% dedu…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.