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Income taxation for individuals and all types of legal entities is regulated by Law 4172/2013 (Income Tax Code). In addition and especially for Multinational Enterprise Groups and Large-Scale Domestic Groups, the provisions of Law 5100/2024 (Trasposition of European Directive 2022/2523) apply.
22 Μαΐ 2024 · Gross income represents the total income from all sources, including returns, discounts, and allowances, before deducting any expenses or taxes.
29 Μαρ 2024 · Taxable income is the portion of your gross income used to calculate how much tax you owe in a given tax year. It can be described broadly as adjusted gross income (AGI) minus...
26 Οκτ 2024 · Gross income includes all income that you receive from any possible source. Taxable income is the portion of your gross income that's actually subject to taxation.
25 Οκτ 2023 · Gross income is a fundamental concept in taxation that refers to an individual's total income before any deductions or taxes are applied. It is calculated as the sum of all the revenue from the various income streams a person earns during the fiscal year.
Gross income - Wikipedia. For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income, defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions).
30 Ιουλ 2024 · KEY TAKEAWAYS. Gross income is the total amount of money earned in a year from all sources before deductions. The gross income formula is simply the sum of all these earnings. Gross income is used to calculate taxes and other deductions. It is important to know your gross income to make sound financial decisions. What Is Gross Income?
