Taxation of dividends, interest, royalties, capital gains and income from immovable property
Quick guide:
Taxation of dividends, interest, royalties, capital gains and income from immovable property
Tax treatment of income earned by an individual in Greece in cash or in kind in the form of dividends, interest, royalties, capital gains and income from immovable property is as follows:
i. Dividends
- The term “dividends” means any income derived from shares, founding titles, or other participation rights in profits that do not constitute claims from debts (liabilities), as well as income from other corporate rights, including quotas, shares, including pre-distributions and mathematical reserves, participation in profits of personal businesses, profit distributions from any type of legal entity, and any other related distributed amounts.
- They are subject to a withholding tax of 5%.
ii. Interest
- The term “interest” means any income derived from claims of any kind, whether secured by mortgage or not, and whether they provide a right to participate in the debtor’s profits or not, particularly income from deposits, government bonds, securities and debentures, with or without security, and any kind of loan relationship, including additional benefits (premiums), repurchase agreements (repos/reverse repos), and rewards arising from securities, debentures, or bonds.
- It is subject to a withholding tax of 15%.
iii. Royalties
- The term “royalties” means any income derived from as compensation for the use or the right to use intellectual property rights over literary, artistic, or scientific works, including films and television shows, tapes for radio broadcasts and video cassette reproductions, software for commercial exploitation or personal use, patents, trademarks, privileges, designs or models, blueprints, secret chemical formulas or processing methods, or in exchange for information related to industrial, commercial, or scientific experience, etc.
- They are subject to a withholding tax of 20%.
iv. Income from immovable property
The term “income from immovable property” means income, whether in cash or in kind, derived from the leasing of land and real estate:
| Income (euros) | Tax rate (%) |
| 0-12.000 | 15 |
| 12.001- 35.000 | 35 |
| 35.001- | 45 |
v. Capital gains
Capital gains arising on the transfer of business and of the following securities are taxed at 15%:
– Non-listed shares in a company
– Listed shares and other securities, provided that the transferor holds at least 0.5% of share capital
– Shares or parts in private companies/partnerships,
– Government bonds and treasury bills or corporate bonds,
– Derivative financial products.
The following are exempt from capital gains tax:
– Capital gains from the transfer of listed shares and securities, provided the transferor holds less than 0.5% of share capital.
– Capital gains from Greek and EU/EEA UCITS (Mutual Funds).
– The taxation of income from capital gains on the transfer of immovable property has been suspended until 31/12/2026 (article 90 of l. 5162/2024).
The information is accurate to the best of our knowledge as at the time of writing. We have no obligation to update it. We accept no responsibility against any third party who is not a client of the firm and has not signed the terms of our engagement.