Amendments made by Law 4549/2018 affect the income tax, tax procedure, value added tax (VAT), and real estate tax laws in Greece.
In English, the law is known as “Provisions for the completion of the agreement on fiscal goals and structural reforms—medium term fiscal strategy framework 2019-2022 and other provisions.”
Among the income tax changes are measures that affect the rules for depreciation and loss carryfowards, the taxation of insurance contracts, and capital gains on the transfer of securities. The VAT changes address transfers between related parties for less than fair market value.
Read a 2018 report [PDF 550 KB] prepared by the KPMG member firm in Greece
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