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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.
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. Allowable...
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 allowable itemized or...
Gross Income vs. Taxable Income: What’s the Difference? Gross income represents the total amount you earn before deductions and taxes. Taxable income is the portion that will ultimately get taxed.
22 Μαΐ 2024 · Individual gross income is part of an income tax return and—after certain deductions and exemptions—becomes adjusted gross income, then taxable income. Individuals may also be required to...
13 Αυγ 2023 · Taxable income refers to the portion of an individual's or a business's income that is subject to taxation by the government. It includes various types of earnings, such as wages, salaries, and investment income, minus allowable deductions and credits.
Updated Feb 24, 2019. Taxable Income vs. Gross Income: An Overview. Gross income includes all income you receive that isn't explicitly exempt from taxation under the Internal Revenue Code (IRC). Taxable income is the portion of your gross income that's actually subject to taxation.
