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Tax Flash: New Tax Bill - Individuals income taxation

On 8 May 2016, the Law “Unified Social Security System - Reform of insurance and pension system – Income taxation and gaming taxation regulations”, has been adopted, introducing important amendments mainly to individuals income taxation as well as a fundamental pension reform for which we will revert with a more detailed Flash.

We note that the expected amendment/ introduction of new indirect taxes (e.g. increase of VAT rate, tax on internet, etc.) shall be introduced in a separate tax bill expected to be adopted within May. Upon its adoption by the Greek Parliament, we will inform you accordingly.

Contact us

Mary Psylla

Partner, Tax Leader, PwC Greece

Tel: +30 210 6874543

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