Author name: admin9am

If an additional clause is included in a joint account stating that upon the death of any of the beneficiaries, the deposit and account thereafter pass on to the remaining survivors, then such deposit shall fall on the remaining beneficiaries free of any inheritance tax or other levy. However, attention should be paid to the […]

A company has the right to transfer its tax losses for offsetting with profits for five tax years. This right is lost if the direct or indirect participation in the legal entity’s share capital is changed to over 33% within the same fiscal year and simultaneously, a change happens, in the same or the following

The 25th of December 2019, the day of Christ’s birth, and the following day, 26th December 2019 have been determined as public holidays for all employees who have a contractual relation of private law with their employer. For the above mentioned days of compulsory public holiday, the employer has the following obligations: (a) If the

Statistical thresholds above which companies are required to submit an Intrastat statement were announced by the Hellenic Statistical Authority under EU Regulation 638/2004 and applicable from 1/1/2019 to 31/12/2019 and are as follows: Incoming flows (arrivals) are at €150,000 and outgoing flows (dispatches) are at €90,000. Businesses are liable to submit an Intrastat declaration if:

Two classes of fiscal e-books will be included in the “myData” platform of the Independent Public Revenue Office. The Detailed Records Book, that will briefly record the business income / expense statements, categorization of the transactions and registration of the necessary accounting entries that will determine the accounting and tax results for each year. The

The Independent Public Revenue Authority has announced that it will automatically offset taxpayers’ due debt with the income tax credit taxpayers are entitled to but have not been yet refunded with. Taxpayers will receive a relevant e-mail stating that non-adjusted debts have been automatically offset by Individuals Income Tax Refunds for the years 2015-2019 and/or

Kleopas Alliott attended Alliott Group’s 2019 Worldwide Conference, that took place in Madrid, Spain, from 23 to 26 October. 139 delegates from 38 countries and 87 member firms from around the world attended the conference and more meetings than ever before were organized at this edition. The economic and political trends globally and how they

Country 1 Sint Maarten 2 Anguilla 3 Vanuatu 4 Kingdom of Lesotho 5 Gabon 6 Ghana 7 Guatemala 8 Republic of North Macedonia 9 Ecuador 10 Kenya 11 Curaçao 12 Kazakhstan

Pursuant to the Presidential Decree 106/2007 on “Freedom of Movement and Residence in the Greek Territory of the Citizens of the European Union and Members of their Families” and in particular the provisions of Article 8 thereof provide that, “Citizens of the EU who are intended to stay in Greece for a period exceeding three

By 2020, businesses will be required to transmit tax data electronically to their TAXISnet system and also to keep their tax records electronically. This measure will be implemented in trial within the coming weeks and will become mandatory for businesses from next year. The tax filing system will automate the filing and submission procedures, with