Available languages:

Last checked: 12/04/2019

Income taxes abroad – Greece

I'm an employee

Which income will be taxed in Greece?

Resident in Greece? You are a tax resident in Greece if you:

  • have permanent residence or the centre of interests (such as personal, economic and social ties) in Greece
  • are consular, diplomatic or public official under a similar regime or a civil servant of Greek nationality serving abroad
  • you are in Greece continuously for a period exceeding 183 days, including short periods of presence abroad since your first day of presence in Greece. This doesn't apply you are in Greece for tourism, medical, therapeutic or similar private purposes and your residence does not exceed 365 days, including short stays abroad. 

Not resident in Greece? You are subject to tax for your income acquired in Greece in a given tax year.

Income from other EU countries? Check that you never pay tax twice on the same income.

If during the tax year you acquire income from abroad while being a tax resident in Greece,  you should pay tax on that income reduced by the amount of tax paid abroad for this income. 

How much will you pay?

There are different kinds of income in Greece that are taxed as follows:

Income from paid employment, entrepreneurial activities, and pensions

Bracket

Annual income

Rate

1

up to €20 000

22%

2

€20 001 - €30 000

29%

3

€30 001 - €40 000

37%

4

over €40 000

45%

Income from capital (dividends, interest, royalties, real estate)

Capital income

Tax rates

Dividends

10%

Interest

15%

Royalties

20%

Income from immovable property (EUR)

Tax rates

0-12.000

15%

12.001-35.000

35%

35.001-

45%

*If the lessor or the assignor is a natural person, 5 % shall be deducted from the above income for repair, maintenance, renovation or other fixed and operating expenses of the property.

Income from goodwill or transfer of capital: 15%

*Income tax on capital gains from transfer of immovable property is suspended until 31.12.2019.

The personal income tax may depend on your family situation, dependent children, etc. 

Income (in EUR)

Percentage of minimum expenditure by electronic transaction and card-based payment instruments (progressive application)

1-10.000

10%

10.000-30.000

15%

30.000,01 and above

20% and up to 30.000 euro

A special solidarity levy may be levied on income above EUR 12.000. For the purpose of levying the contribution, an account is taken of all income, resulting from the sum of income from salaried employment and pensions, from business activity, from capital, from capital gains transfers, taxed or exempted, whether real or presumed.

The special solidarity levy is calculated as follows:

Income (in EUR)

Solidarity levy

0-12.000

0%

12.001-20.000

2,2%

20.001-30.000

5,0%

30.001-40.000

6,5%

40.001-65.000

7,5%

65.001-220.000

9,0%

>220.000

10,0%

When and how do you pay?

You should submit your tax declaration by 30 June of the following tax year. 

As a foreign resident, you need to submit an income tax declaration in Greece only if you obtain a real income in Greece. 

Payment of the tax shall be made in 3 equal bi-monthly installments, the first of which shall be paid by the last working day of July and each of the following up to the last working day of September and November.

How to appeal/complain

If you want to appeal your tax review, you have to file an appeal with the tax authority that has issued your tax review and it must contain the reasons and documents on which you base your request. You must submit the application within 30 to 60 days from receiving your tax declaration.

Links

http://www.publicrevenue.gr/elib/view?d=/gr/other/2015/4/

http://ec.europa.eu/taxation_customs/tedb/taxSearch.html

www.aade.grel

I'm self-employed

Which income will be taxed in Greece?

Profit from business activity is taxed on the following scale after adding any income from salaries and pensions.

How much will you pay?

Bracket

Annual income

Rate

1

up to €20 000

22%

2

€20 001 - €30 000

29%

3

€30 001 - €40 000

37%

4

over €40 000

45%

When and how do you pay?

Each year, you must make 3 advance payments — based on the previous year's return — against your estimated final tax liability.

If you are filing a tax form for the first time (as a new business), the advance payments are based on your own estimates. Returns must be filed by 2 March.

Links

http://ec.europa.eu/taxation_customs/tedb/taxSearch.html

www.aade.grel

See main information on this topic

Share this page: