Income Tax Code

September 2013

During July 2013 two major acts of legislation concerning the Greek tax system have been enacted: L. 4172/2013 introduces a brand new Income Tax Code, whilst L. 4174/2013 introduces a new code referring to all tax procedures relating to most administrative aspects of taxation (tax registration and returns, tax audits, penalties etc.). With few exceptions, both new codes will apply as of 1.1.2014.

These bulletins aim to provide an overview of the new regime, plus some other interesting recent legislative developments. It should be noted that the Greek Government is also intending to proceed to one last pillar of tax legislation within the coming Fall covering some pending issues on tax incentives, real estate taxation and possible improvements on the regime introduced by the two new codes. PwC will follow up and inform you of any development in this respect.

  • For the income tax code (L. 4172/2013) bulletin in Greek, click here.
  • For the new tax procedures code (L. 4174/2013) bulletin in English, click here.
  • For the new tax procedures code (L. 4174/2013) bulletin in Greek, click here