Entries by mstadmin33

Alternative tax regime for individuals with foreign pension income, who transfer their tax residence in Greece

On 29.7.2020, the Greek Parliament voted law Nr. 4714/2020, which includes significant amendments to tax provisions. Pursuant to article 1 of the new law, a new article (5B) was added to the Greek Income Tax Code, which supplemented the framework of alternative taxation of the foreign-source income obtained by natural persons, who transfer their tax […]

Greece – The Dynamic Development of Renewable Energy Sources: New Law No. 4685/2020

The new environmental law, Nr 4685/2020 brings simplification and significant acceleration of the environmental licensing procedure of Renewable Energy Sources projects. With particular regard to the Phase A of the licensing process of projects (wind power plants, photovoltaic power stations, hydroelectric power plants etc), the new law abolishes the Generation License and replaces it by […]

Automatic Exchange of Tax Information

A key aspect of the international cooperation between tax administrations is exchange of tax information. While up until recently, the main legal basis for the exchange of information between tax administrations was the relevant provision of the bilateral tax conventions on Income and Capital, today, the landscape of information exchange has fundamentally changed and the […]

Νew year’s celebration of the Greek-German Chamber of Commerce and Industry

During new year’s celebration of the Greek-German Chamber of Commerce and Industry on 25.01.2019 in Athens, Mr. Norbert Barthle, new delegate of the Chancellor for the Greek-German Assembly, characterized great success for Greece the completion of the program last year and declared further that there are significant perspectives for the Greek economy, referring particularly to […]

RAE: Notice to a new auction for 10th December 2018

Following the conclusion of the public consultation for the auctions of December and the opinions expressed by the market players, the notice to the forthcoming auctions for RES (wind and solar) in 2018 was published by RAE, without the maximum limit of 20% of the size of the tendered capacity that can be obtained by […]