Greece's new Prime Minister Kyriakos Mitsotakis has announced that the government plans to introduce the following tax changes:
- a reduction in the corporate tax rate from 28% to 24%;
- a reduction in the dividends withholding tax rate from 10% to 5%;
- a reduction in the standard 24% rate to 22% and a reduction in the reduced 13% VAT rate to 11%, as well as a suspension of VAT in the building sector; and
- a reduction in the first individual income tax bracket rate from 22% to 9%.
The changes ar…