[EN] DAC7 & FATCA: Cross-border Tax Reporting for UK/US Owners with Greek Airbnb
How DAC7 reports your Greek income to HMRC + how FATCA Form 8938 covers US owners. Double tax avoidance UK-Greece + US 1116 credit + IKE structure.
[EN] DAC7 & FATCA: Cross-border Tax Reporting for UK/US Owners with Greek Airbnb
How DAC7 reports your Greek income to HMRC + how FATCA Form 8938 covers US owners. Double tax avoidance UK-Greece + US 1116 credit + IKE structure.
FULL package 129 EUR
FULL package 129 EURDAC7: Airbnb reports your Greek income to AADE (since 2024), AADE sends it to yo
Write 200-300 words in plain English covering: DAC7: Airbnb reports your Greek income to AADE (since 2024), AADE sends it to your home tax authority via DAC7 Cross-EU.
- DAC7: Airbnb reports your Greek income to AADE (since 2024)
- AADE sends it to your home tax authority via DAC7 Cross-EU.
UK specifics: HMRC receives Greek rental income data, you must report on Self As
Write 200-300 words in plain English covering: UK specifics: HMRC receives Greek rental income data, you must report on Self Assessment + UK-Greece DTA prevents double tax.
- UK specifics: HMRC receives Greek rental income data
- you must report on Self Assessment + UK-Greece DTA prevents double tax.
US specifics: NOT covered by DAC7 (US not in EU), but FATCA applies - report Gre
Write 200-300 words in plain English covering: US specifics: NOT covered by DAC7 (US not in EU), but FATCA applies - report Greek property/income on Form 8938 if assets >$50k.
- US specifics: NOT covered by DAC7 (US not in EU)
- but FATCA applies - report Greek property/income on Form 8938 if assets >$50k.
Common scenarios: UK owner 25 000 EUR/year Greek rental - pay Greek income tax 1
Write 200-300 words in plain English covering: Common scenarios: UK owner 25 000 EUR/year Greek rental - pay Greek income tax 15-25%, claim foreign tax credit on UK Self Assessment.
- Common scenarios: UK owner 25 000 EUR/year Greek rental - pay Greek income tax 15-25%
- claim foreign tax credit on UK Self Assessment.
Common scenarios US: same structure but Form 1116 (foreign tax credit) on US 104
Write 200-300 words in plain English covering: Common scenarios US: same structure but Form 1116 (foreign tax credit) on US 1040 + 8938 disclosure.
- Common scenarios US: same structure but Form 1116 (foreign tax credit) on US 1040 + 8938 disclosure.
Pitfalls: failing to report on home country = fraud (penalties up to 200% tax +
Write 200-300 words in plain English covering: Pitfalls: failing to report on home country = fraud (penalties up to 200% tax + prison risk).
- Pitfalls: failing to report on home country = fraud (penalties up to 200% tax + prison risk).
Optimal structure: Greek tax-resident company (IKE) - 22% CIT vs 45% PIT max - b
Write 200-300 words in plain English covering: Optimal structure: Greek tax-resident company (IKE) - 22% CIT vs 45% PIT max - but adds complexity.
- Optimal structure: Greek tax-resident company (IKE) - 22% CIT vs 45% PIT max - but adds complexity.
Tax representative role: Greek tax filings (E1/E2) - separate from your home cou
Write 200-300 words in plain English covering: Tax representative role: Greek tax filings (E1/E2) - separate from your home country accountant.
- Tax representative role: Greek tax filings (E1/E2) - separate from your home country accountant.