Greece: List of countries with preferential tax regimes for FY2023; list of non-cooperative countries for FY2024

Decisions A. 1125/2025 and A.1126/2025

The Independent Authority for Public Revenue issued Decision A. 1125/2025, providing the list of countries deemed to have preferential tax regimes (i.e., tax rates 60% or lower of Greece’s corporate tax rate) for FY2023. The list of countries for FY2023 is unchanged from the list for FY2022.

The Independent Authority for Public Revenue also issued Decision A.1126/2025, providing the list of non-cooperative countries for tax purposes for FY2024. Compared to the FY2023 list, the FY2024 list added Montenegro, but removed Botswana and Dominica. In addition, Vietnam, Benin, Burkina Faso, and Papua New Guinea, which were designated as non-cooperative for specific periods within FY2023, were removed from the FY2024 list.

Expense deductions are denied for transactions with residents of these countries unless proven to be genuine and not aimed at tax avoidance (with exceptions for EU or EEA countries with information exchange agreements).

For more information, contact a KPMG tax professional in Greece:

Antonia Ariel Manika | amanika@cpalaw.gr

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Greece: List of countries with preferential tax regimes for FY2023; list of non-cooperative countries for FY2024

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