Wednesday, June 27, 2007

Taxes in Greece

1. capital gain from the sale of shares traded on the Athens Stock Exchange is tax exempt.
2. capital gain from the sale of shares that are not traded on the Athens Stock Exchange is taxable at 20%.

Other deductions
Tax must be deducted at source from the following payments on the basis of the following:
Dividend 0%
Interest 29%

Comment: Deduction at source for foreign residents is subject to the Double Taxation Prevention Treaty.

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