Greek rental income 2024: who taxes what

Under Article 6 of the new France-Greece tax convention 2022 (entered into force on 30 December 2023, applicable to income from 1 January 2024), rental income from a Greek property is taxed in Greece. France eliminates double taxation by a limited tax credit under Article 21 of the same convention.

In practical terms for a French tax resident owner of a Greek property: (1) declare and pay Greek tax under Law 5246/2025 progressive scale 15/25/35/45%, (2) declare the income in France on forms 2047 and 2042 box 8TK, (3) French micro-foncier 30% deduction applies if gross annual rents stay below €15,000, otherwise actual expenses regime, (4) the French tax credit eliminates effective French taxation on the Greek rental income.

Worked examples

• Property with €10,000 annual rent: Greek tax €1,500 (15%), French effective tax zero via tax credit, total €1,500 (effective rate 15%).
• Property with €25,000 annual rent: Greek tax €5,150 (progressive 15/25/35%), French effective tax zero via tax credit, total €5,150 (effective rate 20.6%).

For the full walkthrough including French social contributions (CSG, CRDS, PS at 17.2%), micro-foncier vs actual expenses regime decision matrix, common mistakes (8VL vs 8TK box), and statute of limitations for past unfiled rental income, please read the full French version.