The Greek Public Revenue Authority (AADE) has published Circular E. 2136 of 11 August 2020, which confirms the increased deduction for R&D expenditure from 30% to 100% with effect from 1 September 2020 ({News-2020-08-06/A/6-previous coverage}). The Circular also confirms the introduction of an incentive for angel investors, which is effective from 29 July 2020. This includes that where a natural person (angel investor) contributes capital in a Greek registered start-up, they may deduct an amount equal to 50% of the contribution from their taxable income for the tax year in which the contribution was made. The 50% deduction applies for...