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Posted in News, News for Greece
Employment Webinar: Well-being and Best Practices to Create a Better Place to Work
Join us for an exclusive webinar on Well-being and Best Practices in the Workplace. The webinar, organized by the global directory Legal 500 in association with Andersen Legal, will be held on February 15, 2024, at 3:00 pm EET (Eastern European Time).
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Posted in News, News for Cyprus, News for Greece
Data Protection Day
On January 28th, we honor Data Privacy Day! Let’s acknowledge the significance of the past while preparing for the challenges of the future.
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Posted in News, News for Greece
What applies to the additional tax of up to 15% on the profits of multinationals and large groups
In the new proposal, the Minister of Economy and Finance and the competent Deputy Minister propose the introduction of a minimum tax rate for multinational companies and large-scale domestic groups of up to 15% of profits.
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Posted in News, News for Cyprus
Cyprus News: Social Insurance Contributions in 2024
This year social insurance contributions went up by between 0,5 and 1 percentage point. At the same time, the maximum insurable amount applicable for social insurance contribution purposes has been increased to €62.868 per annum.
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Posted in News, News for Greece
Denkavit Case: The two-year period in question for withholding tax on dividends from a subsidiary
According to article 63 of Law 4172/2013 (KFE), among other requirements, the retention of at least 24 months as the minimum period during which the parent company resident in another Member State of the European Union must participate in the capital of the domestic subsidiary of a distributing public limited company, to benefit from the tax advantage of exemption from withholding tax (5%).
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Posted in News, News for Cyprus, News for Greece
Webinar: January 18, 2024: CBAM Regulation – Understanding the Measure and Navigating the Transitional Phase
This informative session provided practical advice on the upcoming implementation of the CBAM (Carbon Border Adjustment Mechanism), a new regulation designed to address carbon emissions by imposing a tax regime on high-intensity emissions generated by goods imported into the EU.
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Posted in News, News for Cyprus
Cyprus News: Reduction of Defence Tax on passive interest income
Announcing a Favorable Amendment: The Special Defence Contribution Law that brings about a significant reduction in the rate on passive interest income earned by Cypriot tax residents.
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Posted in News, News for Cyprus
Cyprus News: Interest rate on late payment of taxes set at 5%
The degree has been issued and is being applicable as of 1st January 2024….
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Posted in News, News for Cyprus, News for Greece
European Employment Insights: Newsletter Dec 23
Andersen’s Employment and Labor Law Service Line is delighted to introduce special holiday edition of its monthly newsletter. Explore a detailed comparative overview of public holidays in December and January across European countries, uncovering traditional and statutory holidays, along with unique traditions and exceptions.
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Posted in News, News for Greece
Limitation of VAT Credit Balance Claim: The decision of the Supreme Court
As we know, when a business carries out transactions, when, after deducting VAT on inputs (expenses) from VAT on outputs (income), a credit balance remains, it is carried forward for deduction in a subsequent period, in accordance with para. 3 of Article 32 of Law No. 2859/2000.
