The new "Tax Return Guide 2022" from Astbooks is the most comprehensive guide for completing form E3, the Tax Adjustment Statement, and Form N, including all changes that affect the completion of the forms and the calculation of the tax that legal entities, as well as individuals engaged in business or agricultural activities, are required to pay regarding the completion of forms E3 and the Tax Adjustment Statement.

The "Guide" has been updated with the new forms in accordance with all the latest decisions and circulars, taking into account all the amendments made to the Income Tax Code (ITC). It also includes a detailed reference and treatment by code for all the subsidies and grants provided in the context of addressing the consequences of the covid-19 pandemic, as well as the grants provided to cover damages caused by fires, floods, earthquakes, etc.

Indicative mentions include: Subsidies due to the covid-19 pandemic (non-repayable amount of the repayable advance payment, compensation – grants to lawyers, accountants, gyms, playgrounds, tourism businesses, KTEL, TRAINOSE, lodging establishments, travel agencies, tourist buses, private clinics – therapeutic centers, cultural enterprises, primary sector, non-collection of rents, etc.). Assistance to those affected (floods – fires in Evia, IANOS, earthquake in Crete, etc.).

Form E3 – Tax Adjustment Statement: Analysis by table and code. Indicative changes: Addition of codes for the application of Article 5G of the ITC regarding the special method of taxing income from wage work and business activities occurring in the domestic market, for individuals who transfer their tax residence to Greece. Addition of a code for cases where the taxpayer chooses to be taxed in the year in which the agricultural subsidies are allocated (detailed example).

Amendments to the codes in table ST for the tax adjustment of sole proprietorships regarding the amounts of subsidies or grants provided in the context of addressing the consequences of covid-19 or in cases of natural disasters, fires, etc. Comprehensive examples-applications: Completing Table E (differences between accounting-tax bases), Completion by a sole proprietorship with simple bookkeeping, Model for electronic submission.

Form N: Analysis by table and code. Indicative changes: Changes in tax rates. Addition of a new table 10 which lists tax-exempt income from extraordinary events (covid-19, natural disasters, fires, floods, etc.) depending on whether they are taxed or not during their distribution. Addition of a new table VII for the taxable difference due to credit risk for banks, leasing companies, and business receivables agencies.

Detailed examples: Application of the foreign tax credit method with the corresponding completion of Form N, Completion of Form N for a profit-making legal entity, Completion of Form N for a non-profit legal entity (Table 2).