Best Tax Lawyers in Athens

About Tax Law in Athens, Greece

Tax law in Athens, Greece, deals with various aspects of taxation, including income tax, property tax, value-added tax (VAT), and corporate tax. These laws govern how individuals and businesses are required to report their income and assets, calculate their tax liabilities, and pay taxes to the Greek government.

Why You May Need a Lawyer

There are several situations where you may need the assistance of a lawyer who specializes in tax law in Athens, Greece. Some common scenarios include:

• If you need help preparing your tax returns accurately and efficiently.
• If you are facing an audit or investigation by the Greek tax authorities.
• If you are starting a new business and require guidance on tax planning and compliance.
• If you have offshore assets and need assistance with international tax regulations.
• If you want to dispute a tax assessment or challenge a tax penalty.

Local Laws Overview

When it comes to tax law in Athens, Greece, there are several key aspects to consider:

• Income Tax: Greek residents are subject to progressive income tax rates, which means that higher incomes are taxed at higher rates. Non-residents are taxed based on their Greek-sourced income. Greece also has double taxation treaties with many countries to avoid taxing the same income twice.
• Property Tax: Property owners in Athens are required to pay an annual property tax based on the value of their property. There are different rates for residential, commercial, and vacant properties.
• VAT: Greece imposes a standard VAT rate of 24% on most goods and services. However, reduced rates of 13% and 6% apply to specific categories of goods and services.
• Corporate Tax: Greek companies are subject to a standard corporate tax rate of 24%. However, there are certain tax incentives and deductions available to encourage investments and economic growth.

Frequently Asked Questions

1. How do I register for a tax number in Athens, Greece?

To obtain a tax number, you need to visit your local tax office (DOY) and provide the necessary documentation, including identification, proof of address, and possibly additional documents depending on your circumstances. The tax office will issue you a tax number upon successful registration.

2. Are there any tax deductions or credits available in Athens, Greece?

Yes, there are various tax deductions and credits available in Athens, Greece, depending on your specific circumstances. Some common deductions include expenses related to healthcare, education, and charitable donations. It is advisable to consult a tax lawyer or accountant to ensure you take advantage of all applicable deductions and credits.

3. What are the penalties for tax evasion in Athens, Greece?

Tax evasion is a serious offense in Greece. Penalties for tax evasion can range from significant fines to imprisonment. The severity of the penalty depends on the amount evaded and the circumstances of the case. It is essential to comply with tax laws and seek professional advice if you have any concerns about your tax obligations.

4. Can I appeal a tax assessment if I disagree with it?

Yes, if you disagree with a tax assessment, you have the right to appeal it. You can submit an administrative appeal to the Greek tax authorities within a specific timeframe. If the appeal is unsuccessful, you can further challenge the decision in the Greek courts. It is advisable to seek legal representation to navigate the appeals process effectively.

5. What are the key deadlines for filing taxes in Athens, Greece?

The deadlines for filing taxes in Athens, Greece, vary depending on the type of tax and the taxpayer's circumstances. Generally, the annual income tax return must be filed by the end of June of the following year. However, it is recommended to consult the Greek tax authorities or a tax professional for accurate and up-to-date deadlines.

Additional Resources

For further information and assistance regarding tax in Athens, Greece, consider consulting the following resources:

• The Greek Ministry of Finance: https://www.minfin.gr
• The Greek Independent Authority for Public Revenue (AADE): https://www.aade.gr
• The Athens Bar Association: https://www.dsa.gr

Next Steps

If you require legal assistance or have specific questions regarding tax law in Athens, Greece, it is advisable to seek advice from a qualified tax lawyer. They can provide personalized guidance based on your unique circumstances and help you navigate the complex world of tax regulations effectively.