Trusts And Tax Under Greek Law

For decades, Trusts have occupied a peripheral position within the Greek legal order. While widely used in common law jurisdictions as core instruments of succession planning, asset protection and wealth structuring, trusts remain institutionally foreign to Greek private law.

Recent regulatory developments signal a discernible shift toward a more integrated and predictable approach. Several steps have been made towards the clarification of how foreign Trusts connected to Greece are assessed, taxed and administered in practice.

This article outlines the current framework and highlights the considerations that internationally connected families, trustees and advisers should now weigh with care. For families and fiduciaries operating across legal traditions, these developments affect not only tax outcomes, but also long-held assumptions about control, exposure and succession planning.