As part of our commitment to keep you up to date on the most important regulatory framework developments, and in addition to our CPA Law Newsflash, we have put together a short and comprehensive Monthly briefing report with regards to the most important legal and tax trends.
Taxation
- Law 4603/2019 providing for the reduction of the taxation of dividends tax rate and withholding tax was published in the Government Gazette.
- IApR issued Decisions no 1100/2019 and no 1101/2019 determining the electronic filling method and the form and content of the withholding tax return statement in accordance with the provisions of Articles 64 and 69 of the ITC.
- IApR issued Decision 1099/2019 determining the electronic filling method, as well as the form and content of the return regarding the tax and the Special Solidarity contribution of Article 43A of the ITC, which are withheld from the employment and pension income.
- IApR published Circular no 2045/2019 providing clarifications on the application of the provisions of Article 66 of the TpC (tax evasion) with regards to the Stamp Duty.
- IApR published Circular no 2037/2019 providing clarifications on the obligation to register a professional Account to the IApR.
- IApR published Document no 1032041/2019 with regards to the no-deal Brexit on 30/03/2019, providing guidance on uniform implementation to all Customs Authorities and economic operators.
Labor & Social Security
- The Unified Social Insurance Fund (EFKA) published a Circular on the recognition of third-country nationals' insurance period.
- The Unified Social Insurance Fund (EFKA) published Circular no 13/2019 to provide guidance on the implementation of Articles 17 and 36 of Law 4387/2016 on the use of coinciding and non-coinciding insurance period in conjunction with the provisions on successive insurance.
Corporate
- Law 4601/2019 on “Corporate Transformations and the harmonization of the national framework with the provisions of Directive 2014/55/ EU of the European parliament and the Council of 16 April 2014 on electronic invoicing in public procurement Text” was published in the Government Gazette.
Criminal Law
- A draft bill with regards to the new penal Code and the new Criminal procedure Code was set under public Consultation.
Other Developments
- Regulation (EU) 2019/452 of the European parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union which will be implemented from 11 October 2020, onwards was published in the Official Journal of the European Union.
- A draft bill on “Harmonization of Greek legislation with the Directive (EU) 2016/943 of the European parliament and of the Council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure. Measures to speed up the work of the Ministry of Economy and Development and other provisions” was submitted to the Greek parliament.
- A draft bill on “provisions for the Greek Development Bank”, was set under public Consultation.
- Regulation (EU) 2019/348 of 25 October 2018 supplementing Directive 2014/59/EU of the European parliament and of the Council with regard to regulatory technical standards specifying the criteria for assessing the impact of an institution's failure on financial markets, on other institutions and on funding conditions was published in the Official Journal of the European Union.