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Greek Parliament Considering Legislation for Corporate Tax Reduction and Other Measures to Support the Economy

|Proposed Changes|Greece
Greece

The Greek parliament is currently considering draft legislation for the corporate tax reduction and other support measures announced by the Prime Minister in April. As previously reported, these measures include:

  • A permanent reduction in advance tax payments for individual entrepreneurs from 100% to 55% as of 2021;
  • A permanent reduction in advance tax payments for companies from 100% to 80% as of 2022, with a temporary reduction to 70% as of 2021;
  • A permanent reduction in the corporate tax r…

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