taxes
Ancient Greece
Only The Rich in Ancient Athens Paid Taxes – And They Bragged About it
guest -
In ancient Athens, only the very wealthiest people paid direct taxes, and these went to fund the city-state’s most important national expenses—the navy and honors for the gods. While today it might sound astonishing, most of these top taxpayers...
Business
Has Elon Musk Paid the “Most Taxes Ever in History”?
Tesla CEO Elon Musk has made a number of unusual and even outlandish claims over the years, but his claim that he would "pay more taxes than any American in history this year" ruffled some feathers.
Is this claim true?...
Business
Credit Suisse Leaks Indicate Clients Had Corruption, Drug Trafficking Ties
Credit Suisse managed accounts for clients involved in corruption and drug trafficking, Sunday's "Suisse Secrets" data leak showed.
A self-described whistle-blower leaked data on more than 18,000 bank accounts, collectively holding more than $100 billion, to the German newspaper Süddeutsche...
Economy
Greece to Reduce Property Tax by 13%
Greece's PM Kyriakos Mitsotakis announced on Wednesday that he plans to permanently reduce the unpopular property tax, ENFIA, by 13 percent.
"We are moving forward to a new brave permanent reduction of ENFIA by 13%. We continue to cover part...
Business
Elon Musk Announces He Will Pay Over $11 Billion in Taxes This Year
Elon Musk announced via Twitter on Monday that he will be paying over $11 billion in taxes for 2021.
"For those wondering, I will pay over $11 billion in taxes this year," Musk wrote. Half a million people have since...
Ancient Greece
How the Super Rich Paid Taxes in Ancient Greece
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...
Business
Tax Havens: Why the G-7 Effort to End Them is Unlikely to Succeed
guest -
Tax havens are characterized by applying a tax regime that is especially favorable to non-resident citizens and companies.
Crime
Greece Busts International Cigarette Smuggling Ring
Authorities have seized 338 million illegally smuggled cigarettes at the port of Pireas, Greece according to an announcement on Friday.
Business
Greece to Lower Taxes and Social Security Contributions for Some
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,...
Business
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 to Parliament on Tuesday that would offer foreign taxpayers a 50% discount on their income...