Clarifications regarding Greece’s reduction in dividend tax rate
Yerassimos Yannopoulos 20 Feb 2020
The Greek authorities have reduced the taxation rate of dividends from 10% to 5% effective from 1 January 2020 onwards. As a result, the percentage of the withholding tax on dividends has been reduced to 5% as well.
The Greek authorities have reduced the taxation rate of dividends from 10% to 5% effective from 1 January 2020 onwards. As a result, the percentage of the withholding tax on dividends has been reduced to 5% as well. Certain clarifications to Article 24 of the Law in question (4646/2019) have recently been issued.
The new taxation rate will have significant effects across several areas of profit distribution.
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