The revised Convention between the Hellenic Republic and the French Republic for the elimination of double taxation is expected to act as an important incentive for the further growth of economic-commercial relations between Greece and France. regarding income taxes and the prevention of tax evasion and avoidance.
This was pointed out by the Minister of Finance Christos Staikouras, speaking to the plenary session of the Parliament during the debate and vote on the principle of the relevant draft law that validates the agreement signed on May 11, 2022, in Athens, between the Finance Ministers of Greece and France.
Significant financial ties
As the finance minister pointed out that it is expected that this revised Agreement will act as an important incentive for the further development of economic-commercial relations between the two countries and reflects the modern trends for the distribution of tax authority of states at the international level. The removal of the obstacles of double taxation is an absolute condition for the stable tax regime in the economic relations between Greece and France.
Investments in critical sectors
Mr. Staikouras also emphasized that such a tax environment can be attractive for investments in all critical sectors of economic activity, and indeed in cutting-edge technological sectors. The Minister noted his ministrynance considers that the new Bilateral Agreement with France provides the appropriate framework of stability and security for economic actors, citizens and businesses.
Latest News
SYRIZA Votes for New Leader: A Pivotal Moment Amid Challenges
Whether the left-wing’s central efforts to reorganize and connect with regional members have borne fruit, will ultimately be revealed by the election numbers.
Greek Government Targets Record Investment Program and Tax Relief for Middle Class
The digitalization of transactions and measures introduced by the Ministry of Finance, such as the imputed taxation of professionals, generated an additional 1.8 billion euros.
Kasselakis Reveals Name of New Party: ‘Movement for Democracy’
Arriving at the venue, Kasselakis greeted his supporters warmly, saying, “You became the movement, and today we become a party.”
PM Mitsotakis on TikTok on ‘Gigabit Voucher’ Program
The "Gigabit Voucher" program will provide an array of benefits for households and small businesses, as Mitsotakis pointed out in his video post.
Presidential Decree Downgrading Art School Degrees in Question
The Council of State has challenged a presidential decree downgrading art school degrees, citing constitutional violations
Stormy Winds and Thunderstorms, as Cold Snap Hits Greece
Special units from the electricity distribution network HEDNO are working to restore damage caused to electric poles after trees fell on them due to the strong gusts in Preveza.
Fitch Ratings Maintains Greece at BBB-; Retains Stable Outlook
Fitch Ratings: Greece's ratings are supported by income per capita levels above and governance indicators in line with the 'BBB' median
Global Citrus Production Declines – Greece’s Outlook
In Greece, specifically, orange prices increased by 30.18% this Sept.
NATO Secretary General Rutte to visit Greece
Former Dutch PM Mark Rutte, the Alliance's new chief will first visit Ankara a day earlier to meet with Turkish leadership
PM Mitsotakis from Naxos: Decarbonization Fund to Facilitate Islands’ Green Transition
“The resources will help connect the islands to the mainland's electricity grid," he noted.