First round of negotiations begin for Double Taxation Agreement between Greece and Australia

·

The first round of negotiations for a Double Taxation Agreement between Australia and Greece was launched on February 23, the Australia Embassy in Greece has announced.

The negotiations were attended by Australia’s Ambassador to Greece, Arthur Spyrou, as well as a taxation lawyer and representatives from the Australian Government Department of Jobs and Small Business.

“It’s finally happening!” the Embassy wrote on Facebook.

“Heralding new trade and investment opportunities and improved tax efficiency for people who share their lives between Australia and Greece, the Double Taxation Agreement, once concluded, will be another important marker of the thriving bilateral relationship.”

READ MORE: Bilateral tax treaty between Greece and Australia to be negotiated next year.

The negotiations were launched after Federal Treasurer, Josh Frydenberg, announced in September last year that Australia was looking to expand its tax treaty network.

The Greek Herald has been following developments on this Agreement for months, with the Trade Commissioner of Greece in Australia, Katia Gkikiza, confirming back in August 2021 that there had been “coordinated” moves to get the Agreement up-and-running.

Trade Commissioner Katia Gkikiza confirmed the Agreement was in the works in August 2021.

READ MORE: Double Taxation Agreement between Greece and Australia only a matter of time.

At the time, the Trade Commissioner assured businesses and companies wishing to invest in Greece that “they can go on with their projects knowing that the Greek Government is fully committed to the conclusion of the Double Taxation Agreement.”

The Agreement is set to provide businesses with greater tax certainty, which will encourage increased economic integration through foreign investment and trade.

READ MORE: Betty Alexandropoulou on trade and double taxation agreement between Australia and Greece.

greek film festival 2025

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Step into the world of mental health with Georgia Cassimatis’ latest book

Greek Australian author and journalist, Georgia Cassimatis, has released a book all about exploring the world of mental health.

GOCNSW Welfare Service to put a spotlight on cyber security awareness

The Greek Orthodox Community of NSW’s (GOCNSW) Welfare Service has organised three Cyber Security Awareness education and training workshops.

Marriage of a Greek woman abroad: What to watch out for

It is during this registration process that numerous problems arise, which are not dealt with immediately but later on.

Athena Competition Greek winners show olive oil diversity

By Lisa Radinovsky from Greek Liquid Gold. At the 10th anniversary edition of the ATHENA International Olive Oil Competition in Chania, Crete, Greece in May, 175 Greek olive oils...

Greece’s island communities face population crisis

The demographic decline in Greece is hitting its islands hard, with Lemnos and Agios Efstratios showing alarming signs of aging populations.

You May Also Like

Sophia, the first robot with a passport, to attend conference in Greece

The first robot in the world with a passport, Sophia the robot, will attend a breakaway panel on "Artificial Intelligence & Ethics."

Greece begins repatriation of citizens stranded in Israel

Greece's Foreign Ministry has initiated procedures for the repatriation of Greek citizens currently in Israel and the Palestinian territories.

Saint Nectarios Burwood’s Christina Scalone named Senior of the Year for Drummoyne

Christina Scalone has been named one of seven 2025 Seniors of the Year for the Drummoyne electorate, in recognition of her voluntary service.