taxes

Taxation in ancient Greece was much different than any modern system. It's difficult to imagine now, but in ancient Greece, the richest of the rich actually competed to pay the most in taxes. Direct taxation paid to the government at...

Tax havens are characterized by applying a tax regime that is especially favorable to non-resident citizens and companies.

Authorities have seized 338 million illegally smuggled cigarettes at the port of Pireas, Greece according to an announcement on Friday. 

Greek Prime Minister Kyriakos Mitsotakis announced on April 22 five measures to lower taxes and social security contributions for the country, effectively a reversal of tax hikes imposed by the previous government. They are aimed at individual entrepreneurs, legal entities, businesses,...

In an attempt to convince foreign taxpayers and Greeks living abroad to move their tax bases to Greece, lawmakers have presented a new bill to Parliament on Tuesday that would offer foreign taxpayers a 50% discount on their income...

According to a recent study published by Eurostat, Greeks and Germans pay exactly the same amount of taxes and levies to their national state coffers as a percentage of their nations' Gross Domestic Product. More specifically, 41.5% of Greek and...

The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467 billion, the country's Finance Ministry announced on Tuesday. There was a primary surplus of 2.523 billion euros...

According to the latest data published by the European Commission on Thursday, the nation of Greece lost €7.4 billion in revenues from Value-Added Tax (VAT) that was not collected during 2017. The extent of the practice of tax evasion across...

According to data released recently by the OECD and Eurostat, Greece ranks third in the European Union in terms of the taxation it imposes on its citizens' properties. The only nations taxing their citizens more than Greece are Great Britain...

The European Commission published its ''2019 Spring Package'' on Wednesday, in which it comments on the economic situation of every member state and proposes reforms to coordinate fiscal policy across the Union. For Greece, the Commission focuses on two main...