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Effective income tax ranges
from high to low in Greece

Rental Income: Rental income is taxed at progressive rates, from 15% to 45% depending on the taxable income. Rental income is further subject to 1.5% surtax.

Capital Gains: Capital gains realized from the sale of property held for less than 5 years are taxed at 20%. No capital gains tax is levied for properties held for over 25 years.

Inheritance: Inheritance tax is levied at different rates depending on the relationship between the deceased and the beneficiaries.

Residents: Residents pay taxes on their worldwide income at progressive rates, from 15% to 45%.

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