VAT

The Greek Finance Ministry said on Tuesday that during the first nine months of the year (January–September) the primary budget surplus is 2.532 billion euros, sharply up from the budget target for a surplus of 1.551 billion, but slightly down...

The first implementation phase of the Organization for Economic Cooperation and Development (OECD) recommendations has been completed, the Ministry of Administrative Reform & Electronic Governance announced on Tuesday. According to the announcement, the most important intervention was the decision to...

The first income tax installment is expected to be emailed to all Greek tax payers until the end of July. According to the Finance Ministry, tax payers are obligated to print the bill for the taxes they owe through taxisnet.gr...

Greek Prime Minister Antonis Samaras, still feeling the effect of his New Democracy Conservatives second-place finish in the European Parliament elections, is reportedly planning to scrap a dreaded "solidarity" tax and reduce the Value Added Tax (TAX) as part...

Greece's financial police on Friday said they had arrested the owner of an Aspropyrgos-based recycling company and his daughter on charges of dodging tax among other fraud, at an estimated cost to the Greek state of around two million euros. The company had undertaken contracts for the...

The Financial Crime Unit (SDOE) is still finding more and more people who are stealing from the state through their profession by issuing bogus invoices or even not issuing receipts. Doctors, farmers, private sector employees and pensioners continue to...

The government will soon table in Parliament a legislative amendment regarding the offsetting of VAT debts not only towards the state but also between individuals, Greek Prime Minister Antonis Samaras announced on Monday. Samaras chaired a meeting at the General...

According to Eurobarometer, 30% of Greeks have admitted that last year they made purchases or paid for services without acquiring any receipts. Furthermore, as the figures show the percentage is the highest in the EU-28. However, what is really...

The more Greece squeezes citizens with pay cuts, tax hikes and slashed pensions, the more they can't pay, with government statistics showing that the list of debtors grew in October by 101,425, bringing the total to 3,182,477 - one-third...

Greek consumers only benefited marginally from the value-added tax reduction in prices at food outlets last month, as according to data presented on Monday by the Hellenic Statistical Authority (ELSTAT), the price index in the Hotels-Cafes-Restaurants category declined by...