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Finance Ministry Sources: New Laws Introduced in 2014 Did Not Lower Taxes for MPs...

The changes in tax law introduced in 2016 ensure that political figures holding public office pay the same amount as any other citizen, finance...

Deadlines for 2016 Taxes in Greece

It's tax time in Greece which means taxpayers must figure out what deadlines for submission and payment they are up against. The first deadline comes...

Independent Authority for Public Revenue Seizes €124 Million From Debtors’ Bank Accounts in 2016

On Monday, Deputy Finance Minister Katerina Papanatsiou presented data to Parliament disclosing that in 2016 the Independent Authority for Public Revenue confiscated a total...

ND: Taxes and Pension Cuts are Tsipras’ New Year’s Gifts

The government is ushering in the New Year with more tax hikes and pension and wage cuts for Greeks, New Democracy said in a...

Courts Asked to Clarify Ruling On Foreign Deposits That Could Cost the State €1...

The Administrative Appeals Court has recently made a ruling that could end up costing the Greek state some €1 billion by ruling in favor of...

Fin Min Gives One Last Chance to Taxpayers and Companies to Declare Hidden Income

The Finance Ministry has given individuals and firms until May 31, 2017 to come clean about incomplete tax declarations. There is a new draft law...

New Bill on ‘Plastic Money’ Allows Consumers to Build-up Tax-free Allowance

The draft bill tabled in Parliament last week will usher in a new way for tax-payers to "build up" their tax-free allowance as of...

Government Drafts Bill to Interconnect Tills Real-Time Data to Fin Min’s Taxisnet System

The Greek government has drafted a bill on initiating the interconnection of tills and tax mechanisms with the Finance Ministry's online Taxisnet system in efforts to curb...

Fin Ministry Bill Gives Tax Breaks to Greeks Making Payments With Credit and Debit...

Taxpayers who use their credit and debit cards to make payments will be eligible to claim a tax-free threshold in 2017, according to a...

Greece’s Shadow Economy Continues to Grow as State Coffers Miss Out on €16 Billion...

Greece is known for having a shadow economy, or an underground economy where people buy undeclared or illegal products and services. In recent years...

Farmers Protesting Tax Increase and Cuts to Social Security Close Greek-FYROM Border

The customs office at Evzones, near Greece’s border with FYROM, was blocked by farmers and from the municipality of Peonia on Saturday, who are...

Greeks Still Opting to Hide ‘Mattress Money’ Instead of Depositing in Banks

It appears that the Greek government lifting controls this summer on new money entering bank accounts has done very little to actually impact the...

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