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What is the new tax deduction and how is the minimum amount covered?

As of 1.1.2017, all expenses which are eligible for establishing entitlement to tax reduction and maintain the reduction in tax – in accordance with article 16 of law 4172/2013, article 68 of law 4446/2016 and article 7 of law 4646/2019 – should be made using electronic payment means. The provision applies to taxpayers declaring income from salaries, pensions and agricultural activity, for expenses made either in Greece or abroad, in countries of the EU and of the European Economic Area (EEA).

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