On 22 November 2022, the European Court of Justice (ECJ), ruled that the provision included in the Directive 2018/843 (aka 5th AML Directive) under which Member States must ensure that the information on the beneficial ownership of companies incorporated within their jurisdiction should be accessible in all cases to any member of the public, is…
EU member states reached agreement in principle to implement at EU level the minimum taxation component, known as Pillar 2, of the OECD’s reform of international taxation. Effective implementation of the directive will limit the race to the bottom in corporate tax rates. The profit of the large multinational and domestic groups or companies with…
Dubai, the popular destination with zero taxation! Greece and generally Europe is going through a difficult time for any business activity. The energy crisis due to the war in Ukraine comes to be added to the existing wounds of the pandemic. Many entrepreneurs now migrate seeking opportunities in the United Arab Emirates and specifically in…
The group of the 7 most developed countries (G7) and in particular the Finance Ministers of England, France, Switzerland, Italy, Japan, Germany, Canada and the USA recently reached an agreement to impose a minimum corporate tax of 15% worldwide. After several years and after many discussions, all these 130 countries finally agreed on changing the…
As a pioneer of the multi-family office in Greece, Mr. Tourikis contributes his opinion on the new family office legislation in Greece.
The Greek goverment is about to vote fifty percent 50% discount in the current tax brackets for Digital nomads who decide to move their permanent residency in Greece for seven years.
Greece indtroduced a low tax regime for Retired Migrants in December 2019. Individual beneficiaries of foreign pension income who transfer their tax residency to Greece can benefit from a flat 7 % per cent tax on the total of their foreign income for a 10 ten years period.
Greek Ministry of Finance announced a new favourable Non-Dom tax regime (Law 4646/2019) aimed at foreign individuals who want to transfer their tax residency to Greece.
