If you have credits in both the United States and Greece, you may be eligible for benefits from one or both countries. If you meet all the essential requirements under a country`s system, you will benefit regularly from that country. If you don`t meet the basic requirements, the agreement can help you qualify for a performance, as explained below. Partnerships also exist between Canadian universities and Greek educational institutions for foreign study programs, in particular: in addition, your employer must indicate whether you remain an employee of the American company during your activity in Greece or if you are dealing with the subsidiary of the American company in Greece. If you become a related company, your employer must indicate whether the U.S. company has entered into an agreement with the Internal Revenue Service pursuant to Section 3121 (l) of the Internal Revenue Code to pay U.S. Social Security taxes for U.S. citizens and residents employed by the subsidiary and, if so, the effective date of the agreement. (i) “international traffic” refers to any transport by boat or aircraft, unless the vessel or aircraft is operated only between locations in a contracting state. (d) If the person is a national of both states or of one of the two, the competent authorities of the contracting states resolve the matter by mutual agreement.
The table below outlines the different types of social security benefits to be paid under the social security plans of the United States and Greece and briefly outlines the eligibility requirements normally applicable to each type of benefit. If you do not meet the normal conditions for these benefits, the agreement can help you qualify (see “How Benefits Can Be Paid”). According to the agreement, when you work as a worker in the United States, you are generally covered by the United States, and you and your employer pay social security taxes only in the United States. When you work as a worker in Greece, you are usually covered by Greece and you and your employer pay social security taxes only to Greece. 2 When a contracting state includes in the profits of a state-owned enterprise – and therefore taxes – the profits on which a company of the other contracting state was taxed in that other state, and if the profits thus included are profits that accrue to the company of the first state, if the conditions imposed between the two enterprises were those that would have been made between independent enterprises. which would have been carried out between independent companies. , this other state makes an appropriate correction of the amount of tax on these profits. The other provisions of this Convention must be given due consideration when determining this correction and the competent authorities of the contracting states consult, if necessary. If you are a widow, widower or child of someone who has contributed to the retirement programs of both countries, this agreement can help you qualify for the following questions: For more information, consult the trade and investment agreements.