Taxes in Europe Database v2
Law No 4755/1930 as codified by the Presidential Decree of 28 July 1931 (Government Gazette 239 of 28 July 1931), and subsequently amended, particularly by Law No 2873/2000 Article 25, which abolished a large number of stamp duties. Law No 2990/2002 art 2, Law No 3091/2002 art. 20 and Law No 3522/2006 art. 3 and 26. Since the application of value added tax in Greece, as from 1 January 1987, certain transactions and dealings, such as contracts for the sale of goods and the provision of services, entered into by persons who are taxable under VAT legislation are no longer subject to stamp duties.
All over the Greek State.
The contracting parties involved in transactions and dealings which:
-are not subject to value added tax, or real estate transfer tax
-or are carried out by persons who are not subject to value added tax.
Stamp duties are divided into two sub-categories:
1. Pro rata stamp duty, subject to a rate and a basis of assessment. The most important of these concern:
Pro rata stamp duties on insurance pay outs, wages, bills of exchange and promissory notes, loans provided by the Organization of Workers Housing, enterprises' profits and agreements on constructing building by contract, were recently abolished.
2. Fixed stamp duties. Most of them were recently abolished. The remaining ones concern:
Basis of assessment:
The above rates are subject to a supplementary charge equal to 20 % of each rate, levied on behalf of the Agricultural Insurance Organization (OGA).
The tax is payable to local tax offices by taxable persons.