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Greece

Road Tax to Remain Unchanged in 2017, Says Finance Ministry

The Greek finance ministry said it has decided to keep the road tax unchanged next year after considering the market’s need for stability and safety, according to a press announcement. According to the ministry, it was decided not to make...

Cars Originally Registered in EU Countries Outside of Greece to Receive Reduced Road Tax

If you have a car that was first registered in an EU country previous to registering it in Greece you will receive a slight reduction in road tax dues, the Finance Ministry circular stated on Thursday. There are also some...

Greek Govt Expects to Collect €1.1 Billion in Road Taxes by End 2015

The Greek government expects to collect 1.1 billion in road taxes by the end of 2015, according to a finance ministry official. The bailout agreement stipulates that Athens must collect 72 million euros via vehicle inspection centers and about 150...

Long Lines For Final Installments and Road Tax

Thousands of Greek citizens gathered early on Monday morning at the tax departments and banks throughout the country in order to give back car and motorcycle license plates and take care of pending tax obligations before the end of...

Liapis Pays Road Tax, Trial Delayed

Former Transport Minister Michalis Liapis, who was charged with driving an uninsured luxury cars with phony license plates so he could avoid paying a 1,320 euros ($1,814) road tax came up with the money, a fine of 780 euros...

Greece Has the Highest Road Tax in Europe

The road tax on the following cars for the year 2014, in Greece are: 120 Euros: Fiat 500 (0.9 TwinAir BlackJack 3dr) 875 cc 135 Euros: Fiat Punto Evo (Hatch 5Dr 1.3 Multijet DPF SS 75) 1.284 cc 240 Euros: Audi A1...

Greece Will Fine Road Tax Violators

More than 30,000 drivers who didn’t pay road tax passes that had been hit with big increases are being chased by Greek government officials who have identified them and said the offenders will have pay fines. The Finance Ministry's General...

IMF: Greece Should Broaden Tax Base

Greece should consider broadening its tax base and possibly accelerate lowering the threshold for tax-free incomes for 2019 instead of 2020, said IMF Director for European Affairs Poul Thomsen on Friday. Speaking during the International Monetary Fund and World Bank...

Greek Tax Authority Gets Data from Bank Deposits Abroad

The Independent Public Revenue Authority is expected within September to receive data on bank accounts held by Greek citizens in 49 countries. In exchange, Greek banks will send the data to the tax authorities of partner countries on accounts held...

Farmers in Greece Continue to Block Roadways for Roll Back of Tax Hikes

Greek Citizen Protection Minister Nikos Toskas urged farmers not to block the cross-border roads because there will be repercussions on an economy that is trying to stand on its feet, in an interview to Saturday newspaper Agora. "They should not...

Athens Chamber of Commerce: High Taxes Deter Investors, Send Businesses Abroad

High taxes in Greece deter foreign investors while the difficulty in getting bank loans forces Greek companies to relocate to neighboring countries, said President of the Athens Chamber of Commerce and Industry (ACCI) Constantinos Michalos. Speaking at a meeting of...

Council of State Rules that Income Earned Abroad Must Be Taxed Abroad

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...

Greek Government Could Be Imposing a Single Property Tax on Property Abroad

The Greek government is planning to impose a single property tax, ENFIA, on property that Greek citizens own overseas, according to Vima newspaper. The reported taxation would be introduced in 2016 and would not concern Greeks who live abroad permanently. Greek authorities would...

New Tax Code Has Hidden 'Traps' for Greeks Living Abroad

The new income tax code has hidden "traps" for Greeks living abroad and keep bank accounts and property, such as houses and cars, as they will have to file an income tax return in Greece. The tax code is based on...

Thorough Tax Screenings for Greeks Living Abroad

Thousands of Greeks who have migrated abroad have been called to submit documents to local tax authorities in order to prove that they are living abroad permanently and avoid taxation as Greek citizens. The General Secretariat of Public Revenue issued a...