Greece: Tax treatment of income arising from stock options and share plans

Greece: Income arising from stock options, share plans

Guidance issued by the Ministry of Finance clarifies the tax treatment of income to an employee or shareholder from a legal entity in the form of stock options or in the form of “free shares” allotted within the framework of a share plan.


The guidance—E.2208 (24 December 2020)—addresses the following terms:

  • Stock options
  • Holding period
  • Market value of the benefit is defined at exercise
  • Taxable event is upon transfer of shares
  • “Extra” capital gain on sale at a higher value and beneficiary’s reporting obligations
  • Employer’s reporting obligations
  • Free shares
  • Employer’s reporting obligations
  • Granting stock options and free shares to employees of subsidiaries

Read a March 2021 report [PDF 464 KB] prepared by the KPMG member firm in Greece

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