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tax

Greek Tax Inspectors Discover Widespread Violations for Month of June

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities and on the major Greek islands for the month of June. The AADE and other Greek...

Greece Loses Battle Over Lower Taxes for Tsipouro and Tsikoudia

The European Court rejected Greece's appeal on Thursday to set a lower excise tax for tsipouro and tsikoudia, two of the most traditional and popular Greek alcoholic beverages. Europe's top court ruled in favor of the European Commission which claimed...

Greeks Owe More Than €104 Billion to the State, Official Data Reveals

The latest figures published last week by Greece’s Independent Authority of Public Revenue (AADE) revealed that unpaid taxes to the Greek state now amount to the staggering sum of €104,365 billion. This massive figure highlights Greece's problem with tax evasion,...

More Than €2 Billion in Unpaid Taxes in Greece During First Two Months of 2019

According to the latest figures published by Greece's Independent Authority of Public Revenue, the amount of taxes Greek taxpayers did not pay to the state during just the first 59 days of 2019 came to the staggering sum of...

Greece Mulls Tax Cuts as it Records Whopping Surplus

The Greek government's economic team is examining a package of tax relief measures, following the nation earning a record 4.4 percent primary surplus for the year 2018. According to data released on Tuesday by the country's Statistical Authority (ELSTAT), in...

Pensioners Now Greece's Largest Group Among Taxpayers

According to the latest data made recently available by Greece's Independent Authority for Public Revenue, pensioners are now the largest single group of taxpayers in Greece. In nine out of the thirteen regions of the country, pensioners now constitute the...

Greeks Paid More Than €8.3 Billion in Taxes in 2018

Greece’s Independent Authority for Public Revenue published figures on Thursday regarding the amount of taxes Greek citizens paid in 2018. According to the data, a total of 8,907,722 Greek taxpayers paid €8.328 billion in taxes in 2018 on combined declared incomes...

Greek Shipowners Agree to Pay €75 Million Annually to Greek State

The Greek Prime Minister’s office issued a statement on Wednesday in which it announced that the Greek Shipowners Association has reached a new agreement with the Greek government. According to this agreement, the shipowners will have to pay annually at...

Greece: Among the Highest Taxes in EU for Inferior Services, Data Show

The Hellenic Federation of Enterprises (SEV) published a report with figures that show the levels of taxation in Greece and the services people receive in return for their taxes. The figures present the extremely high levels of taxation that the...

Greece To Scrap Controversial Wine Tax

According to information revealed by the Greek newspaper Kathimerini, the Greek government intends to exclude from next year’s draft budget revenues from an excise tax on wine that was introduced in 2016. The tax was initally received by the Greek wine market...