Greece: New tax bill submitted to Parliament


A new tax bill has been submitted by the Greek Ministry of Finance to the Greek Parliament concerning an increase of withholding tax on dividends and other profit distributions from 10% to 15%, effective from fiscal year 2016 and onwards.

The proposal is expected to be voted on in the coming days.

We continue to monitor the Greek market for new developments and will provide more information as it becomes available.

This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice.