Greece: Proposed decrease of dividend withholding tax rate
On 7 September 2019, the Prime Minister of Greece announced an amendment to the tax law, which includes a proposal to reduce the withholding tax on dividends from 10% to 5%.
The effective date of this decrease, if the law is voted, is expected to be 1 January 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.