New plan for reduction of corporate tax deposit to 70 pct | Business

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Entrepreneurs implementing investments in Greece will soon be asked to pay a smaller tax deposit every year, as the government intends to slash the rate from 100 percent to 70 percent, possibly from this year.

The government will seek to raise the bill of measures aimed at bolstering business activity and increasing investment in Greece up to 2 billion euros.

Besides reducing the corporate tax by eight percentage points and slashing employers’ social security…

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Source: ekathimerini.com