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Greek Parliament Approves Tax Reform Measures

|Approved Changes|Greece
Greece

On 6 December 2019, the Greek parliament approved a tax reform bill containing several measures. Some of the key measures of the reform include:

  • A reduction in the corporate tax rate from 28% to 24% with effect from the 2019 fiscal year and the introduction of a 10% rate for agricultural cooperatives and producer groups (29% rate maintained for credit institutions);
  • A related change in the definition of a preferential tax regime with effect from 1 January 2019 to include jurisdictions applyi…

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