Draft legislation has reportedly been submitted to the Greek parliament providing for a number of tax amendments, including the following proposed tax rate changes:
- A reduction in the corporate tax rate from 29% to 26% for companies with double-entry bookkeeping, as well as partnerships, cooperatives, and joint ventures with single-entry bookkeeping;
- A reduction in the first bracket individual income tax rate from 22% to 20% (income up to EUR 20,000); and
- Adjustments to the special solidari…