Greece

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...

Greek ministry of Finance officials say that close to 30% of Greek tax payers failed to pay the first installment of their income tax within the deadline, which expired on July 31. The yearly income tax comes in three...

According to sources, Thursday Eurogroup Chief Jeroen Dijsselbloem called Athens to pledge its commitments to allow the participation of the IMF in Greece's bailout program, as long as the Greek government implements the necessary measures that the IMF has...

"The mission has been productive. Significant progress has been made on the income tax reform," according to the respective announcements of IMF and Eurogroup. "The mission made important progress on key aspects of the pension reform. Work is ongoing and...

Greece proposed to its creditors on Tuesday raising the top rate of personal income tax to 50 percent in order to avoid increases in social security contributions. The top rate of personal income tax now stands at 42 percent and...

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 professionals and freelancers brace to pay up to 75 percent of their income in taxes and security contributions in the new year, as taxes and contributions go up as of January 1st, 2018. The new tax calculation system and...

Finance ministry data for the 2016 tax statements show that all taxpayer groups have declared lower incomes, compared to the 2015 statements. As a result, state revenues will be lower than expected, a fact that will affect the annual state...

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program, which also paves the way for talks on debt easing. According to sources close to the...

The income in Greek households was 75.157 billion euros in 2016, according to income tax statements made to tax agencies last year, with the value of taxed income rising to 82.1 billion euros, official figures showed on Thursday. A total...

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 which provides for a lower tax and fine if people with undisclosed income come forward...

More and more Greeks have turned to credit cards to help them in paying their income and property taxes, according to the Greek newspaper Kathimerini. According to their data, the total amount of taxes put on credit cards in 2016...

The Greek Parliament is aiming to table two bills in October regarding taxpayers who reveal hidden income, Kathimerini has reported. According to the Greek newspaper, an unnamed top Greek official has revealed that the government is detailing the framework for...

Greece ranks in 8th place among 42 European nations in taxing income coming from rented properties, says a Global Property Guide report. The new tax rates on income from rented properties have made real estate investment in Greece less attractive,...

The Council of State has ruled that Greek citizens who work and pay taxes abroad should not pay income tax in Greece. Greece's highest administrative court decision that Greeks who work abroad should be taxed abroad came after an appeal...