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July 2020
Greece introduces tax incentives for relocation of foreign pensioners
Greece, with newly enacted tax legislation, invites foreign pensioners to relocate and benefit from reduced taxation rates. Persons who receive retirement income from abroad and decide to become tax residents in Greece, can now enjoy a special, flat tax rate of 7% on the sum of their retirement income. The tax is payable annually as...
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A reminder that the 1st provisional tax instalment for the tax year ending 31 December 2020 is due on 31stJuly 2020 and the deadline for its payment is on 31st August 2020. The payment of provisional tax can be made through www.jccsmart.com. On the website, follow the path: Tax Department -> SELF ASSESSMENTS -> TEMPORARY Assessment...
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If you have been thinking about retiring abroad, you have surely been considering what your dream destination would look like. A warm weather, 65 blue flag beaches, low crime rates, a general health system, high quality infrastructure and services are just a glimpse of what Cyprus has to offer to pensioners. All these, matched with...
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The Greek Parliament has implemented the Tax Bill 4646/12.12.2019, introducing significant amendments related to the Greek Tax system.  By virtue of this Law, triggered are segments of the Greek Taxation, significant for both individuals and legal persons and amended are few Legal Acts, namely the Income Tax Code (ITC), the Tax Procedures Code (TPC), the...
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