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Tax Treaty between Greece and Japan Entering into Force

07 November 2024

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Treaty Development

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Greece-Japan

Japan's Ministry of Finance has announced that the income tax treaty with Greece will enter into force on 5 December 2024. The treaty, signed 1 November 2023, is the first of its kind between the two countries. Taxes Covered The treaty covers Greek income tax on natural persons and income tax on legal persons and legal entities. It covers Japanese income tax, corporation tax, special income tax for reconstruction, local corporation tax, and local inhabitants tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities of both States will determine its...