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Greece Courts Foreign Taxpayers with 50% Income Tax Discount

In an attempt to convince foreign taxpayers and Greeks living abroad to move their tax bases to Greece, lawmakers have presented a new bill...

One in Three Greeks Fail to Pay Income Tax on Time

Greek ministry of Finance officials say that close to 30% of Greek tax payers failed to pay the first installment of their income tax...

IMF Asks for Lower Income Tax Threshold for Greece

According to sources, Thursday Eurogroup Chief Jeroen Dijsselbloem called Athens to pledge its commitments to allow the participation of the IMF in Greece's bailout...

Significant Progress on Income Tax and Pension Reforms, IMF and Eurogoup Say

"The mission has been productive. Significant progress has been made on the income tax reform," according to the respective announcements of IMF and Eurogroup. "The...

Greece Proposes Raising Top Rate Income Tax to 50%

Greece proposed to its creditors on Tuesday raising the top rate of personal income tax to 50 percent in order to avoid increases in...

First Income Tax Installment by July 31

The first income tax installment is expected to be emailed to all Greek tax payers until the end of July. According to the Finance Ministry,...

Greek Professionals to Pay Up to 75% of Income in Taxes, Contributions in 2018

Greek professionals and freelancers brace to pay up to 75 percent of their income in taxes and security contributions in the new year, as...

All Greek Taxpayer Groups Declare Lower Incomes for 2016

Finance ministry data for the 2016 tax statements show that all taxpayer groups have declared lower incomes, compared to the 2015 statements. As a result,...

New Austerity Measures for Greece Include Pension Cuts, Lower Tax-Free Income

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program,...

Tax Income in Greek Households at 82.1 Billion Euros in 2016

The income in Greek households was 75.157 billion euros in 2016, according to income tax statements made to tax agencies last year, with the...