Bill by the Ministry of Development, Competitiveness & Shipping

Tax provisions in the context of the new bill 

April 2012

On April 10, 2012 the Greek Parliament voted a new bill introduced by the Ministry of Development, Competitiveness & Shipping, which also includes significant tax provisions. The new provisions stipulate inter alia the indefinite extension of the provisions of L.D. 1297/1972 as well as the application of both L.D. 1297/1972 and L.2166/1993 to real estate companies, the tax losses’ carry forward in case of mergers under L.2166/1993 as well as the further postponement of the capital gains tax on the sale of listed shares until 1.1.2013.

For the Greek version, click here.