Greece
| Category | Rank | Score |
|---|---|---|
| Overall Rank | 29 | 57.47 |
| Corporate Taxes | 22 | 56.65 |
| Individual Taxes | 10 | 73.88 |
| Consumption Taxes | 32 | 56.79 |
| Property Taxes | 29 | 45.8 |
| Crossborder Taxes | 25 | 72.2 |
Greece ranks 29th overall on the 2021 International Tax Competitiveness Index, the same as in 2020.
Strengths
- The net personal tax rate of 5 percent on dividends is significantly below the OECD average of 24.1 percent.
- Labor tax complexity is below the OECD average.
- Controlled Foreign Corporation rules in Greece are modest and only apply to passive income.
Weaknesses
- Companies are severely limited in the amount of net operating losses they can use to offset future profits, and companies cannot use losses to reduce past taxable income.
- Greece has a relatively narrow tax treaty network (57 treaties compared to an OECD average of 75 treaties).
- At 24 percent, Greece has one of the highest VAT rates in the OECD on one of the narrowest bases.
Learn more about the tax system in Greece