The Taxation of Trusts and Foundations in Greece

This article discusses the taxation of trusts and foundations in Greece, which has been clarified following the issuance of the long-awaited Circular POL. 1114/2017. Trusts and foundations are concepts unknown under Greek private law; therefore, their tax treatment is of particular interest from a comparative perspective. Although the new Circular provides a much better understanding of how these vehicles are taxed, some issues remain unresolved.