Which Article Of The Country`s Double Taxation Agreement Covers The Income In This Request Greece

(2) As noted in this article, the term “tax authorities” refers to the United Kingdom, the Commissioners of Inland Revenue or their authorized representative. In the case of Greece, the Director General of Taxation or his agent; and, in the case of a territory to which this convention is extended in accordance with Article XVII, the authority responsible for the management of the taxes to which the convention applies. There are many circumstances in which double taxation can occur. Some examples are: (ii) in cases other than the customs tax on income tax, which is taxable for each fiscal year beginning July 1, 1952 or beginning after July 1, 1952. ARTICLE XIII. – (1) Persons living in Greece are entitled to the same personal allowances, reliefs and reductions for UK income tax purposes as British persons who are not established in the United Kingdom. A selection of articles on tax news and developments can be available in the Business Source Corporate database. Access to the articles is granted to ICAEW members, ACA students and other eligible users subject to supplier terms of use. Greece has not yet implemented the BEPS 13 action with regard to master files and local files, but it has implemented country-by-country reports. This commitment applies to multinational groups (MNEs) whose total total turnover exceeded 750 million euros in the previous year. Companies in these MNE groups that reside in Greece are required to inform the Greek tax authorities, no later than the last day of the reference year to which it relates, of the submission of the CbyC report on the submission of the CbyC report. The detection of the text of the treaty can sometimes be difficult, especially when the texts of the treaty have not been written with English-language versions. In this guide, we`ve suggested some good places to start your search.

These rates are replaced by the provisions of the double taxation agreements concluded by Greece with other countries/jurisdictions. Tax Rates Online An online tariff tool created by KPMG that compares corporate tax rates, indirect income taxes and social security within one or more countries. (iii) Earnings that do not occur in this way or are due to the amount of income tax collected for each tax year beginning April 6, 1952 or under the agreement. (i) residing in the United Kingdom or on a British territory to which this Convention is extended in accordance with Article XVII or ARTICLE XVI. -1) Nationals of one of the contracting parties may not be subject to a tax or related requirement in the territory of the other contracting party that is otherwise, heavier or heavier than the imposition and related requirements to which the nationals of the latter contracting party are or may be subject. Our collection includes many articles and books on double taxation, international taxation and residence issues. As of January 1, 2016, income tax returns must be filed electronically until June 30 of the year following the end of the fiscal year. The fiscal year for individuals is the calendar year.

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