ATHENS (Dow Jones)–A draft tax bill, which is expected to be submitted to the Greek parliament by Feb 10, is set to cut corporate tax rates and benefit companies listed on the Athens stock exchange as they revisit their dividend policies.

The bill, which was unveiled Tuesday by Greek Finance Minister George Papaconstantinou, is likely to be passed by the end of February, given the socialist government’s comfortable parliamentary majority.

Many Greek listed companies have previously announced that their 2011 full year dividend payout will be limited, or zero, due to the recently introduce extraordinary tax burden on very profitable …