2017 TAX INSURANCE INFORMATION
WHO
January 17 2017
Insurance Tax 2017 Landscape
Information for members of the Association of Members of the IPCC
A. Tax Update for 2017
Individual businesses will be taxed on a scale and percentage by 22 b ???? 45%
The Tax Rate for Legal Entities is 29%
The Solidarity Levy has been increased for Income over 12.000 Euros
With the 4446 / 2016 Law, we can declare Undeveloped Income and Avoid Fines and Penal Sanctions
When we accept a Card payment, we must notify our Clients both at the entrance and at the Cashier. Otherwise, a fine of EUR 1.000 is imposed. Application from 1 / 2 / 2017
It is necessary to electronically transmit the published files and data in an electronic database, irrespective of the method of their issuance
Expenditures related to Work Relationship, in order to Exit, must be made by Electronic Payment Instrument
B. 2017 Use Insurance Update
Every Natural Person is required to pay Social Security Contributions based on Net Taxable Income, from the Exercise of Activity
The result of each activity is aggregated with the rest
Not recognized, the Losses for the Calculation of the Insurance Contribution. A Minimum Insurance Contribution is required
The Calculation Rate of the Insurance Contribution is 26,95% of the Net Income Tax of the previous year
Calculation Year for Contributions of 2017, is 2015 and the liquidation will be done with the 2016 Results when processed
The Personal Company Partner is required to pay insurance contributions based on his percentage of the Company's Total Profits
The Minimum Insurance Contribution is 158 Euro per month for 12 months
The Maximum Insurance Contribution is 1580 Euro per month for 12 months
Estimated for CompuTax SA
Iakovos Goumas
Tax Consultant
WHO
January 17 2017
Insurance Tax 2017 Landscape
Information for members of the Association of Members of the IPCC
A. Tax Update for 2017
Individual businesses will be taxed on a scale and percentage by 22 b ???? 45%
The Tax Rate for Legal Entities is 29%
The Solidarity Levy has been increased for Income over 12.000 Euros
With the 4446 / 2016 Law, we can declare Undeveloped Income and Avoid Fines and Penal Sanctions
When we accept a Card payment, we must notify our Clients both at the entrance and at the Cashier. Otherwise, a fine of EUR 1.000 is imposed. Application from 1 / 2 / 2017
It is necessary to electronically transmit the published files and data in an electronic database, irrespective of the method of their issuance
Expenditures related to Work Relationship, in order to Exit, must be made by Electronic Payment Instrument
B. 2017 Use Insurance Update
Every Natural Person is required to pay Social Security Contributions based on Net Taxable Income, from the Exercise of Activity
The result of each activity is aggregated with the rest
Not recognized, the Losses for the Calculation of the Insurance Contribution. A Minimum Insurance Contribution is required
The Calculation Rate of the Insurance Contribution is 26,95% of the Net Income Tax of the previous year
Calculation Year for Contributions of 2017, is 2015 and the liquidation will be done with the 2016 Results when processed
The Personal Company Partner is required to pay insurance contributions based on his percentage of the Company's Total Profits
The Minimum Insurance Contribution is 158 Euro per month for 12 months
The Maximum Insurance Contribution is 1580 Euro per month for 12 months
Estimated for CompuTax SA
Iakovos Goumas
Tax Consultant
