Greece: Proposed decrease of dividend withholding tax rate
A draft amendment to the tax law has been submitted to the Greek Parliament and includes a proposal to decrease the withholding tax on dividend distributions from Greek equities from 15% to 10%.
It is expected that the law, if voted, will be applicable for income earned from 1 January 2019 and applied for dividends distributed as from 2020.
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.