This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below.
Providing essential tax news and information
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Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
Generally
speaking, Greece is not an attractive location
for individuals or companies seeking to
limit taxation; the mainstream corporate
income tax rate used to be 35%, although
it was reduced in stages to 32% in 2005,
29% in 2006 and 25% in 2007. The government
plans a further 5% cut over five years,
starting in 2010, although there remains
some uncertainty over this proposal. There
are however some particular features of
the Greek tax system which are attractive
for certain individuals or companies in
certain situations.
A
new, general-purpose development incentive
law was promoted by the government in 2005
and was received very warmly by the business
community. In the first ten months of its
implementation (end of March 2005 till the
end of January 2006) 1,234 applications
were submitted accounting for EUR2.47bn.
The
law offers a combination of incentives and
corporate tax breaks and is aimed at sectors
of the economy that are open to international
competition, such as tourism, information
technology, financial services, and quality
agricultural exports.
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in depth, including banking secrecy, the EU's savings
tax directive, offshore funds, e-commerce, offshore
gaming and transfer pricing. Reports are available for
immediate downloading or as subscription
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