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In case spouses are submitting tax return statements separately, the family income is not available to cover the living evidences of each of the spouses, as the living and assets acquiring evidences are borne by each spouse individually. Similarly, each spouse cannot claim past years’ income of the other spouse to cover such living evidences […]

Following the decision of the Council of the State (2105/2018), which, on the basis of a taxpayer’s request rejected by the tax authority for the transfer of his tax residence, was adopted by the Tax Administration issuing the Circular 1234 / 2018 for the uniform treatment of such tax issues. The difference between the Taxpayer

The income earned from short-term lease of a property in the context of the sharing economy is considered to be income from real estate source and is taxed as such. This revenue is not subject to VAT. When an administrator of such property stops its management, it can immediately eliminate this property from the TAXISnet

Kleopas Alliott Business Consultants, following the years of growth in the Greek market, has recently moved to new bigger offices in Mykonos. Company’s  new offices are centrally located at “Delos” Commercial Center, in a modern and stylish environment that follows the modern Cycladic architecture. A comfortable reception room in a fully renovated space, that uses

The Greek law by Law 4557/2018 (Government Gazette A ‘139 / 30.07.2018), incorporated the Directive 2015/849 / EU of the European Union. Under the provisions of this law, inter alia, are obliged: The financial institutions The auditors and the legal entities providing such services The external accountants, tax consultants and the legal entities providing such

With a new law that comes into force soon, social security contributions for self-employed professionals are reduced as follows: Contribution for pension of self-employed professionals is reduced from 20% to 13,33% as from 1 January 2019. Contributions for farmer’s pension is reduced from 18% to 12% as from 1 January 2019. This contribution is set

In order for the Property Manager to make Short Term Leases, has to go through the following process and duties: Enter the personal TAXISnet codes in the Short-term Residence Property Register to register the property and obtain a Property Register Number. Registration is made per leased property. Post the Property Register Number on the digital

Pursuant to the provisions of article 26 of Law 27/1975 dividends received by Greek tax residents’ shareholders of a foreign ship owning company are exempted from the income tax when the foreign flagged ship is operated by a foreign company through its office located in the Greece in accordance with the provisions of Article 25

The transfer of a business as a whole, or a function or part of it, because of sale or gift or in the form of a contribution to an existing or under formation legal entity, shall not be subject to VAT if the person acquiring it continues the work of the predecessor. This transfer is

Under the current provisions: If it turns out that the loss happened before 1/1/2014, fines of 500 euro per 50 sheets of lost tax data are imposed, according to the provisions of Law 2523/1997. If the taxpayer proves that the loss of accounting books or records was happened between 1/1/2014 (entry into force of the