Greece: Guidance on business income of individuals

Transactions with the purpose of generating profit

Transactions with the purpose of generating profit

Circular E. 2031/2023 on business income earned by individuals from the performance of single or recurrent transactions with the purpose of generating profit, provides clarifications with respect to the following topics:

  • Business transaction
  • Profit
  • Purpose of generating profit
  • Number of transactions
  • Excluded transactions
  • Reporting via income tax return (E1 form)

Read a May 2023 report [PDF 231 KB] prepared by the KPMG member firm in Greece



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