# Greece cuts the corporate tax rate to 22 percent

Date: 2021

From 2021 Greece lowered the corporate income-tax rate to 22 percent as part of [Mitsotakis](/people/kyriakos-mitsotakis)’s investment pitch, alongside earlier income-tax tweaks. A rate cut is a completed fiscal act, not a wage rise.

## People

- Kyriakos Mitsotakis: https://factrail.ai/people/kyriakos-mitsotakis

## Drivers

- Household Purchasing Power: https://factrail.ai/drivers/household-purchasing-power

## Sources

- https://www.oecd.org/tax/tax-policy/
- https://www.aade.gr/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/gr-tax-cuts-mitsotakis