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Greek Tax

New Taxes in Greece Force Yacht Owners to Sail Away

The Greek Marinas Association (GMA) has reported a number of departures of foreign-owned yachts due to new charges imposed since the start of the year on recreational vessels. International organizations, associations and unions active in the maritime tourism domain have...

Greeks Line Up to Unregister Their Cars

Thousands more Greeks have unregistered their cars as the New Year draws near. They said they could no longer afford to pay a motor vehicle tax with their earnings having shrunk tangibly amid austerity. Long lines of people were forming on...

One in Three Greeks State Debtors

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...

Businesses Can Write Off State Debt

The Greek Finance Ministry said it will allow businesses who are owed money to the government to write down their obligations to the state but how much they should have received. Greece has insisted on payment in full of...

Greek Tax Debtors Won't Pay Fines

As Greece continues to go after workers, pensioners and the poor to pay for a crushing economic crisis while tax cheats largely escape prosecution, the country is also losing money by failing to collect more than 95 percent of...

EU Says Greek Tax Collection Lagging

Even as the Greek government, in an acknowledgment tax evasion is still a runaway revenue-bleeder, said it would set up a council of "Wise Men" to find ways to stop it, the European Union has chimed in that taxes...

Samaras Rules Out Top Tax Rate on Middle Incomes

Greek Prime Minister Antonis Samaras on Tuesday dismissed talk his government would slap a top tax rate on middle incomes in an effort to bridge a rift in his ruling coalition over a tax reform bill demanded by the...