Greece Publishes Law for Corporate Tax Reduction and Other Measures

Greece has published Law 4799/2021 in the Official Gazette, which contains several measures, including the corporate tax reduction and other support measures announced by the Prime Minister in April. These include:

• A permanent reduction in advance tax payments for business activity of individual entrepreneurs (natural persons) from 100% to 55% as of 2021;
• A permanent reduction in advance tax payments for companies (legal entities) from 100% to 80% as of 2022 (based on 2021 return), with a t…