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Greece Extending Deadline for 3% Reduction on Personal Income Tax Payments — Orbitax Tax News & Alerts

Greece is reportedly providing further tax relief for individuals in response to COVID-19. This includes an extension of the 3% discount for individuals that submit their tax returns and pay the tax due for 2020 in a lump sum. Previously provided where the lump sum is paid by 30 July 2021, the 3% discount will now be provided if the lump sum is paid by 27 August 2021. A new framework for settling tax liabilities will also be introduced for the settlement of outstanding taxes.