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Greece Publishes Tax Reforms Enacted for Bailout Extension

|Approved Changes|Greece
Greece

Greece has published the tax reform amendments recently adopted by parliament as part of the conditions that have been set for the extension of Greece's bailout. The main changes are summarized as follows.

Corporate Tax

The corporate tax rate is increased from 26% to 29% for tax years beginning on or after 1 January 2015, and 100% advance payment of tax is now required (previously 80%).

Valu…

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