taxation

The Greek government announced Wednesday that the Uniform Real Estate Ownership Tax (ENFIA) will be significantly reduced for over 5.1 million property owners. In addition, the state will distribute a one-time payment to more than 1.3 million people as...

The The The nation of Greece is once again a champion in overtaxing  its citizens, ranking 29th among 35 OECD countries, as shown in the 2018 International Tax Competitiveness Index (ITCI). The data was presented by the Center for Liberal Studies (KEFIM),...

The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington. Gerry Rice said that it...

According to a study published by the Greek Ombudsman, the Greek state has increased the number of confiscations of bank deposits in recent years, in an effort to collect taxes and social security contributions. The Greek Ombudsman has received a...

According to Greece's Deputy Finance Minister, Katerina Papanatsiou, the country's Finance Ministry will reduce the VAT rate applicable on concerts and music events, where no other services are provided, from 24 percent to 6 percent. The change will be enacted...

Greece has the highest level of indirect taxation in the eurozone and it is likely that it will remain in the same position in 2019. This finding steps from next year's draft budgets recently submitted by the 19 eurozone...

Greece recorded the largest increase in taxes worldwide in the 2015-2016 period, a new Organization for Economic Co-operation and Development (OECD) report says. The report entitled "Tax Policy Reforms 2018" issued on Wednesday shows significant taxation developments in countries such...

It is official: Greece is exiting the third bailout program and Prime Minister Alexis Tsipras is calling on all citizens to celebrate the end of borrowing and applaud the country's ability to stand on its own feet after eight...

New outstanding debts to the Greek State in June amounted to €5.192 billion, compared to €4.764 billion in May, according to the Independent Authority for Public Revenue (AADE). Out of the €5,192 billion euros, €4,164 billion are unpaid taxes. Of the...

Greeks have to work 198 days in order to pay their annual taxes, a study conducted by the Center for Liberal Studies (KEFIM) says. According to a Kathimerini newspaper report, the KEFIM survey shows that Greeks have to work until...