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Which transactions are not eligible for establishing entitlement to tax deduction?

The following non-consumer expenses are not eligible for establishing entitlement to tax deduction:

  • Rental fees
  • Vehicle Circulation Tax
  • Purchase of vehicles (cars, motorcycles)
  • Purchases of vessels, airplanes and aircraft
  • Purchases of residences, plots and other real estate properties
  • Payments of assessed amounts due to the State, of taxes, contributions etc.
  • Payments of loan instalments
  • Purchases of investment products (equities, bonds etc.).

In addition, the following expenses are not eligible for establishing entitlement to tax deduction:

  • Payments on cards
  • Transactions with corporate cards
  • Transactions with unidentified prepaid cards
  • Transactions in cash
  • Cash withdrawals at Automatic Teller Machines ATMs) or at the cash desk of the payment services provider.

Moreover, expenses made with cards issued abroad are not eligible.

Secure electronic transactions
The security of your transactions is our priority. We ask our Customers to follow the guidelines for the security of electronic transactions provided by Alpha Bank, especially at this time that phishing attacks have significantly increased.

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