Greece Regulatory Round-Up: May 2016

This was stated, by the Minister of Finance, Christos Staikouras, who also described the network of short-term policies that will support the restart of the economy.

Capital gains tax is a fundamental component of the modern tax system, playing a decisive role in economic activity and investments. It affects both individuals and legal entities during the transfer of participation titles.

A draft bill of the Ministry of National Economy and Finance has been submitted to public consultation, entitled ‘Measures to address the energy crisis and to strengthen citizens’ disposable income, wage-related and tax provisions, regulations concerning the out of court debt settlement mechanism, public sector pension arrangements, provisions regarding the Hellenic Gaming Commission and the improvement of the regulatory framework for gaming activities, regulations concerning the Public Real Estate Company SA and other provisions’.

At the 89th Thessaloniki International Fair (TIF), Prime Minister Kyriakos Mitsotakis announced a new package of tax reforms designed specifically to ease the burden on households and businesses.

Navigating property transfers when debts to the Greek State prevent obtaining a tax clearance certificate presents significant challenges. This article examines the court-authorised private sale mechanism under Article 998(6) of the Greek Code of Civil Procedure, which enables property transfers while limiting the State's recovery to 25% of the purchase price, and explores how this procedure is reshaping real estate transactions in Greece.

November's Tax Alert covers key changes introduced by the New Law 5246/2025.

The Greek Independent Authority for Public Revenue published interpretative guidelines (Circular 2224/2021 -"the Circular") on several aspects of the special tax regime for executives...

As of July 2025, Greece has introduced a new cruise passenger tax aimed at easing the pressure on its most visited islands. The measure targets overtourism and seeks to support...

The transfer of a newly built property (before its first use/occupation), as well as of the plot on which the building is situated, is generally subject to VAT in Greece

The paid social contributions of partners in limited liability companies (ΕΠΕ) or private companies (ΙΚΕ) are not deductible from the gross revenue.