Greek tax system

Greece has the third highest tax rate in Europe, according to a study by the Department of Economics at the National and Kapodistrian University of Athens. The study, reported in one of Greece’s leading daily newspapers Ta Nea, reveals that...

"Greece will not become a tax haven. We will follow the road of European countries which maintain high tax rates," Economy Minister George Stathakis said on Tuesday, addressing a conference organized by the American-Hellenic Chamber of Commerce. "We will...

The troika has requested corrections and new measures that need to be implemented before the upcoming Eurogroup of November 9, where the Eurozone finance ministers will assess Greece’s overall performance during the first months of the bailout program.  Five specific areas...

Luca Katseli, chief of the National Bank, addressed the annual Clinton Global Initiative Congress in New York, and spoke about Greece's position after the completion of Greek bank recapitalization this year. "The Greek banking sector will be in a position to...

The new income tax code has hidden "traps" for Greeks living abroad and keep bank accounts and property, such as houses and cars, as they will have to file an income tax return in Greece. The tax code is based on...

According to a study conducted by the Foundation for Economic and Industrial Research (IOVE) and the British Hellenic Chamber of Commerce, there are obvious injustices in the Greek tax system. The study shows that 8% of employees with annual wages...