Tax returns 2024: which income is exempt or subject to special tax

The deadline for filing tax returns is July 26, with the first installment of income taxes due by the end of July. It is worth noting that for a one-time payment a 3% discount is provided.

Tax benefits and income subject to special taxation

According to the booklet published by AADE, codes 659-660 or 619-620, depending on the availability of electronic information, are indicated, income exempt from tax or taxed in a special way (subject to a special solidarity contribution, article 43A of the Civil Code) and a table is displayed in which they are analyzed by origin:

• Income of foreign tax residents working in embassies, consulates, etc.
• Alimony for spousal and child support received by court decision or
  notarial document.
• Pensions for disabled war veterans or war victims, as well as for disabled people injured in the line of duty.
• Benefits for recognized political refugees.
• The rate of 65% of flight compensation paid from 10/11/2018 to civil aviation pilots and the Civil Aviation Service.
• 100% bonus for hazardous work.
• Profit from utilization of generated electricity up to 10 kW.
• Profit from the sale of products for the production of which an internationally recognized patent was used (Article 71A of the Code of Criminal Procedure).
• Interest on Greek government bonds or interest-bearing bills of the Greek government.
• Profit from the sale of listed shares with a participation interest of less than 0.5%.
• Income from the transfer of listed securities (acquisition before January 1, 2009).
• Tax Free Earnings from Domestic Mutual Funds EU/EEA/EEA.
• Dividends from companies owning ships of the second class according to Law 27/1975, companies owning ships taxed according to article 26a of Law 27/1975 and companies taxed according to article 26d of Law 27/1975.
• Dividends for second class bareboat charterers and second class charterers.
• The profits of individual shipowning companies owning ships of the second class according to Law 27/1975, as well as shipowning companies owning tugs and self-propelled dredgers, are taxed in accordance with article 57 of Law 4646/2019/97
• Goodwill from the sale of shares of ship owning companies, second class vessels, etc. of Law 27/1975, and ship owning companies referred to in article 57 of Law 4646/2019.
• Profits from individual ownership of fishing vessels are taxed in accordance with Article 57 of Law 4646/2019.
• Collection of insurance compensation or financial assistance in connection with the loss of a fishing vessel.
• Profit of individual bareboat charter and vessel leasing enterprises.
• There is no minimum guaranteed income. 235 No. 4389/2016 and no. 29 of Law 4659/2020.
• Profit from the transfer of securities of a tax resident of a country with which an FTA has been concluded and who is required to file a declaration on another basis based on Article 67 of the Tax Code.
• Insurance of group insurance pension contracts of domestic origin
• Green and related agricultural subsidies total up to €12,000.
• Other income from agricultural support.
• Agricultural subsidy for early retirement.
• Profit from the transfer of corporate bonds of Law 3156/2003, as well as corporate bonds of EU and EEA/EEZ companies.
• The profit that arises at the maturity date of a bond between its purchase price and its face value if it is held to maturity.
• Amounts paid on the basis of the provisions of paragraph 4 of Art. 166 of Law 4001/2011 (A' 179), in the context of laying a gas pipeline (in relation to document DEAF 1019566/5.2.2018).
• Dividends on listed shares exempt from tax [(например, AEEAP, AEEX, EKES – закон 2778/1999 (A’ 295), закон 3371/2005 (A’ 178), закон 2367/1995 (A’ 261)].
• Income from the capitalization of reserves on the basis of paragraph 1 of Article 71B ΚΦΕ.
• Income from the capitalization of reserves on the basis of paragraph 1 of Article 71C ΚΦΕ.
• Income from capitalization or distribution of tax-free reserves, paragraph 6 of Art. 8 of Law 3299/2004, after ten years from their formation.
• Contributions paid by the World Association of Disabled Artists to Greek tax residents.
• Compensation received by members of independent appeal committees under Article 5 of Law 4375/2016 (A'51) (case d' paragraph 2 of Article 15 of the Code of Criminal Procedure)
• Compensation and fees paid by the National School of Bailiffs according to article 33 of Law 4990/2022.
• Remuneration for former bailiffs and members of the main staff of the State Legal Council, as well as the general director participating in the work of the Commission for the out-of-court resolution of tax disputes (paragraph one, paragraph 10, article 16) of Law 4714/2020).
• Other cases comprising income from public sector employment and pensions.
• Other cases falling under income categories other than paid public sector work and pensions.

Salaries, pensions, compensations

Accordingly, at the place of their appearance: codes 657-658 or 617-618, depending on the availability of electronic information, income exempt from tax and special contribution is filled in, and a table is displayed in which they are analyzed by their origin:

• Wages, pensions and fixed remunerations of disabled people 80% and above 101.
• Compensation in connection with the termination of labor relations of internal origin.
• Wages of EU employees (Regulations on EU privileges and immunities).
• Remuneration of employees of the Black Sea Trade and Development Bank (provisions of Article 52 of the Bank’s Foundation Agreement).
• Remuneration paid by the United Nations (UN) and other international organizations to its employees enjoying the privileges and immunities provided for in the Convention on the Privileges and Immunities of the United Nations.
• Salaries and general remuneration of NATO employees.
• Manual for hospital anesthetists (Article 32 of Law 4816/2021).
• Child benefit according to article 214 of Law 4512/2018 (A' 5).
• Financial support for underwriting (Article 12 of Law 4538/2018).
• Compensation for elections (clause 3 of article 108 of Presidential Decree 26/2012, A΄ 57).
• Compensatory scholarships, clause 2, art. 283 of Law 4957/2022 to ensure research, scientific, administrative, technical and other support work for the activities of universities.
• Subsidies for employees under the program “Πρώτο ένσημο” (Article 103 of Law 4941/2022).
• Education and training allowance for the unemployed, as well as a job search allowance for consulting activities (Article 64 of Law 4756/2020).
• Monthly lifetime honorarium for Greek hoplites according to article 95 of law 4714/2020.
• Benefits paid DYPA (OAED) (Law No. 67 4756/2020).
• Remuneration for certified specialists who participate in the assignment of e-EFKA pension benefits [статья 255 Закона 4798/2021 и абз. 67154/2021 совместное решение министров (B’ 4245)].
• Fees of private doctors with the issuance of the Bulletin for the provision of services collaborating with public hospitals, paragraph 1 of the fourteenth article of the PNP of 13.4.2020 (Art. 1 of Law 4690/2020).
• Dividends from shipping brokerage companies in accordance with paragraph 5 of Article 43 of Law 4111/2013 (A' 18), as well as extraordinary remunerations and interest (bonuses) that these companies distribute among the members of the Board of Directors. or their directors, officers and employees. The same code also lists the extraordinary fees and interests (bonuses) that companies, in accordance with Article 25 of Law 27/1975, engaged in the management of ships and established in Greece, distribute to the members of the Board of Directors. or their directors, officers and employees.
• Income exempt from both income tax and the special solidarity levy under the Social Security Act.
• Compensation of island costs (A.NI.KO., law 4551/2018, A΄116, article 21 of law.4832/2021, A΄ 172).
• Agricultural subsidies paid by OPECPE to individual livestock enterprises (Article 61 of Law 4919/2022).
• Emergency levies, compensation, grants and financial assistance provided to non-business/agricultural individuals to address the risk of the spread of COVID-19.
• Emergency fees, compensation, grants and financial support provided to individuals engaged in business activities in response to the consequences of the risk of the spread of COVID-19.
• Emergency fees, compensation, grants and financial support provided to agricultural operators in response to the risk of the spread of COVID-19.
• Income of foreign tax residents from whom, on the basis of tax returns, tax is withheld in Greece at a lower rate than provided for by the Tax Code.
• Income from the capitalization of reserves on the basis of clause 6 of Art. 71B ΚΦΕ.
• Non-taxable income from paid work according to Article 5B ΚΦΕ.
• Non-taxable income from business activities according to Article 5B ΚΦΕ.
• Non-taxable income from agricultural business activities according to Article 5B ΚΦΕ.

Using the same scheme where codes 781-782 are indicated, amounts that are not income are filled in, and a table is displayed for their analysis, and additional information must be filled in to cross-check the specified amounts:

• Property For Sale.
• A one-time benefit from social security funds and state insurance organizations, as well as professional funds established by law.
• Disposal of other assets.
• Import of foreign currency by current or former foreign residents.
• Loans.
• Inheritance.
• Donations or parental benefits in monetary amounts (donor).
• Winnings from lotteries PROPO, LOTTO, etc.
• Financial compensation paid under the provisions of Article 168 paragraph 1 of Law 4001/2011 for the restoration of damage or wear and tear caused by the installation of a gas pipeline (linked to our document DEAF 1019566/5.2.2018).
• Compensation for moral damage.
• Scholarships that do not comply with the conceptual characteristics of income and paragraph 6 of Article 24 of Law 4386/2016.
• Scholarships for excellence and awards awarded by universities in accordance with paragraph 1 of Art. 283 of Law 4957/2022.
• Refund of paid funds/loans.
• Social dividends/emergency financial support for vulnerable pensioners (Article 25 of Law 4865/2021)/long-term unemployed (KYA 120578/2022).
• Sums of money recovered from spouses in accordance with Article 1400 of the Civil Code in connection with the claim of a share in marital property (linked to our document DEAF 1017570/02/01/2018).
• The amount received at a house auction to cover the presumption of full amortization of a mortgage loan (Table 5 codes 727-728).
• Social benefits CUSTODY in monetary form.
• Non-institutional benefit and any related amount paid to special categories of people.
  with disabilities, regardless of the organization that provides it.
• Birth benefit, articles 1 and 10 of Law 4659/2020.

Compensations and other targeted benefits provided to employees or persons who do not have dependent labor in connection with overcoming the consequences of COVID-19 and other benefits in connection with emergency events (including artists, creators and figures of art and culture, Article 121 of Law 4764/ 2020). ):

• Emergency financial assistance as compensation for the special purpose of article 79 of Law 4949/2022 for workers in the fur industry whose employment contract has been suspended.
• Amounts collected during 2022 as temporary assistance in the form of refundable advances to businesses financially affected by the emergence and spread of coronavirus.
• Compensation and other targeted benefits provided in connection with the consequences of natural disasters such as floods, earthquakes and other natural disasters [кроме первой помощи по жилищному обеспечению (ремонту и реконструкции жилого помещения) и бытовому оборудованию в связи со стихийными бедствиями].
• Amounts paid during the 2022 tax year to real estate landlords in connection with partial or non-payment of rent in accordance with measures to combat the consequences of COVID-19 (Article 13(2) of Law 4690/2020-A ΄104).
• Other cases (such cases also include amounts that do not have the conceptual characteristics of income, i.e., do not have a periodicity and a permanent source of origin. This includes the amount of state participation in repaying debts within the framework of the “Γέφυρα” program).

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