Greece tax rates
Europe · headline statutory rates, 2025 · High tax
In Greece, the top statutory personal income tax rate is 44% (ranked #20 of 96 countries), the headline corporate income tax rate is 22%, and the standard VAT/GST rate is 24%. Capital gains for individuals are treated as: 15%. Overall it reads as a high tax jurisdiction on headline rates — high headline rates across income, corporate and VAT. These are statutory top rates, not the effective tax most people pay, and not tax advice — verify with Greece's official tax authority.
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Greece tax rates at a glance
| Tax | Greece |
|---|---|
| Top personal income tax rate | 44% |
| Corporate income tax rate | 22% |
| Standard VAT / GST | 24% |
| Capital gains (individuals) | 15% |
| Employee social security | Employee ~13.87% |
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Headline statutory rates (2025), compiled from PwC Worldwide Tax Summaries and cross-checked against OECD / Tax Foundation data. Rates change — confirm with the official tax authority before relying on them. This is not tax advice.
What these Greece rates mean
The figures above are headline statutory rates: the top marginal personal income tax rate, the standard (not reduced) VAT/GST rate, and the main corporate rate. The top 44% income tax rate only bites on income above the highest bracket — the effective rate an average earner pays is lower. Consumption is taxed through VAT/GST at 24%, usually with reduced rates on essentials. Always layer in social security (Employee ~13.87%) and any local taxes for a full picture.
How Greece ranks
| Measure | Greece | Rank (1 = highest) |
|---|---|---|
| Top personal income tax | 44% | #20 of 96 |
| Corporate income tax | 22% | #44 of 96 |
| Standard VAT/GST | 24% | #8 of 87 |
Countries with a similar tax level to Greece
The five countries closest to Greece on overall headline tax level:
| Country | Top income tax | Corporate tax | VAT/GST |
|---|---|---|---|
| Greece (this country) | 44% | 22% | 24% |
| United Kingdom | 45% | 25% | 20% |
| France | 45% | 25% | 20% |
| Portugal | 48% | 19% | 23% |
| Italy | 43% | 24% | 22% |
| Israel | 50% | 23% | 18% |
Frequently asked questions
What is the income tax rate in Greece?
The top statutory personal income tax rate in Greece is 44%. This is the highest marginal rate, which only applies above the top income threshold — most taxpayers pay less. It ranks #20 of 96 countries in our dataset by top rate. Headline rate as of 2025; verify with the official tax authority.
What is the corporate tax rate in Greece?
Greece's headline corporate income tax rate is 22%, ranking #44 of 96 by headline corporate rate. Effective rates can differ with incentives, surcharges and local taxes. Verify with the official authority.
Does Greece have VAT or sales tax?
Yes — the standard VAT/GST rate in Greece is 24%. Reduced rates often apply to food, medicine and other essentials.
Is Greece a high-tax or low-tax country?
On headline statutory rates, Greece looks like a high tax jurisdiction — high headline rates across income, corporate and VAT. This is a rough signal from top rates only, not the effective tax an average person or company pays. Tax residency, deductions and treaties change the real picture. Not tax advice.
Keep exploring
Sources & accuracy
Headline rates for Greece from PwC Worldwide Tax Summaries, cross-checked with the OECD and Tax Foundation. Data as of June 2026; reflects roughly the 2025 tax year. These are statutory headline rates, not effective rates, and this page is general information, not tax advice — verify with Greece's official tax authority and a qualified adviser before acting. See our methodology and disclaimer.
Last updated: 2026-06-20