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taxation

Greeks Paying €1.02 Tax for Every Liter of Gasoline they Buy

As the price of gasoline reaches an average €1.68 ($1.99) per liter in Athens and almost €2 on some islands, crisis-stricken Greeks are leaving their cars at home and using public transportation. Eurostat -- the EU's statistics agency -- says...

Electronics Hit With New 2% Greek Government Tax

The Greek government has added yet another tax on goods and services, this time being a two-percent percent levy on the purchase of personal computers, tablets and smartphones. The levy was voted through the Greek parliament on Tuesday as a...

Greek Tax Office to Seize Debtors' Bank Accounts, Safety Deposit Boxes

A million Greek taxpayers with debts to the state could see their bank accounts and deposits raided. The Independent Authority for Public Revenue (AADE) plan for 2018 will also see more than 200,000 audits of corporations, companies, small businesses, bars, restaurants, professionals...

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 taxes and contributions go up as of January 1st, 2018. The new tax calculation system and...

Economist Predicts: In 2029, Greeks will Return to 2009 Incomes

Greeks will have to wait until 2029 so that their incomes return to the 2009 level, predicted economist Panagiotis Petrakis, during the presentation of the Economic Chamber of Greece annual report. If everything goes well, we will have to wait until...

OECD: Greece Champion in Tax Increase

Greece showed the largest increase in the ratio of taxation to total economic activity among the 35 member states of the Organization for Economic Co-operation and Development (OECD), in 2016. According to new figures released by the OECD, taxes in...

Airbnb Snubs Greek Request to Provide Rental Property Info

The Greek finance ministry's plan to tax owners who short-lease their properties to foreign visitors has stumbled on Airbnb's reported refusal to provide owner information. According to previous announcements by Greece's finance ministry, a tax would be implemented on owners...

Greek Parliamentary State Budget Office Warns of Bankruptcy Risk if Debt not Eased

Greece is at risk of bankruptcy unless there is substantial debt relief, warns the Parliamentary State Budget Office, while calling for the need of tax policy change. In its quarterly report (July-September 2017), the House office claims that debt relief...

Greece Among 10 EU Countries to Ask for Internet Companies Taxation

Greece is among ten countries which have signed a statement calling on the European Commission to examine the feasibility of the so-called equalisation tax, a tax of large internet companies on their turnover in each EU state, rather than...

ND Leader Mitsotakis Outlines Policy on Investments and Blasts SYRIZA

The priorities for attracting investments were stressed by the President of New Democracy (ND) Kyriakos Mitsotakis, at a meeting that was held on Monday in Thessaloniki. The top priority, he said, was achieving political stability with a government which is...