Greece
Taxation in Greece
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Padres feel in the direction of postseason
at the exchange deadline Jeremiah Estrada andor Adrian Morejon given that those people men consist of been the just constant hands in just the "pen. He shouldn't comprise toward do that a great deal extended. Jason Adam was previously additional toward the roster and he'll be connected by way of Marlins All Star Tanner Scott, who was the substantial exchange of the working day for San Diego. Scot
Total Posts: 1 Last post by Mittelstadt
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Padres feel in the direction of postseason
at the exchange deadline Jeremiah Estrada andor Adrian Morejon given that those people men consist of been the just constant hands in just the "pen. He shouldn't comprise toward do that a great deal extended. Jason Adam was previously additional toward the roster and he'll be connected by way of Marlins All Star Tanner Scott, who was the substantial exchange of the working day for San Diego. Scot
Total Posts: 1 Last post by Mittelstadt
Taxation in Greece
You will need to apply for a Tax roll number (AFM). An AFM number is required to legally work in Greece (for national insurance and tax), to rent and buy property, or to buy a car or motorcycle.
You can apply for an AFM number at the local tax office with a copy of your passport and your birth certificate. Once you have obtained an AFM number, you are registered with the tax authorities and are required to submit a yearly tax return regardless of income.
Income Tax
An individual in Greece is liable for income tax if they are resident in Greece. A self-employed individual is obliged to make advance payments on income tax by filing an annual report. In the case of a new business, the advance payments will be calculated according to the estimates of the owner of the business. Advance payments are payable three times a year.
Income tax is (in Euros):
22% on income between 1 and 20,000
29% on income between 20,001 and 30,000
- 37%on income between 30,001 and 40,000
45% on income over 40,001
Corporate Tax
Foreign companies in Greece are taxed only on income that is generated in Greece. The standard corporate tax rate is 24%.
VAT
VAT rate is 23% in most cases. With a reduced rate of 13% and a super reduced rate of 6.5%