Greece Tax policy outlook (June 2011)

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A major tax reform took place in April 2010, which was aimed at restoring fiscal justice and confronting tax evasion, with the most significant provisions being the following: Introduction of a split corporate tax rate regime, whereby non-distributed profits are taxed at the standard corporate tax rate (24% for FY2010) and distributed profits at 21%.......

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Set up a Greek company

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Establishing a Greek company can be a great opportunity for investors, as the Greek tax system is simple and the government supports foreign business activities. Also Greece has a high level of competitiveness within the active population for education and work productivity. The incorporation process is complex, but well structured, and with the right guidance, it......

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