ECONOMY

Twenty pct capital gains tax postponed until July

A 20 percent capital gains tax on Greek stocks will be delayed until July, according to an amendment to the tax bill that was to be voted on by Parliament on Friday.

The new duty, part of deficit-reduction steps demanded by international creditors as conditions for releasing further bailout funds to the country, will be postponed to July 1 from April 1.

[Bloomberg]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.