INSIGHT: The New Greek Tax Bill—Pragmatic Pro-Growth Reform?

Nikolaos Theodorou, Attorney-at-Law, comments on the recent Greek draft tax bill intending to boost growth in the economy by providing targeted tax reliefs for businesses and individuals.

The title of the bill sounds quite promising: a “Tax reform with a growth dimension for Greece of tomorrow.” In fact, the new legislative initiative of the Greek government aims at further improving the country’s economic climate by providing working individuals and, above all, businesses, with what they have consistently been asking for—lower taxes. If this would be sufficient to boost growth in a gradually recovering Greek economy, this is the time to find out.

Bundle of Tax Reliefs for Businesses and Individuals

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