We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
The Greek Public Revenue Authority (AADE) has published Circular Ε. 2089 of 5 May 2021, which clarifies the priority for the deduction (credit) of domestic income tax withheld, advance tax payments, and foreign taxes paid in determining the tax due for a year. The Circular provides that where a tax treaty applies, the provisions of the treaty are given priority over domestic law. As such, foreign taxes paid in a country that has a tax treaty with Greece will be given priority for deduction before the deduction of domestic income tax withheld and advance tax payments. In general, the deduction...