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Public Revenue €1.7 Billion Below Target in First 8 Months

Public revenue dropped in the January-August period, creating a "hole" of 1.7 billion euros in the 2017 budget. According to State Treasury data, budget revenues...

One in Three Greeks Fail to Pay Income Tax on Time

Greek ministry of Finance officials say that close to 30% of Greek tax payers failed to pay the first installment of their income tax...

One in Three Greeks Paid Zero Tax in 2016

Nine out of ten Greeks declared incomes below 20,000 euros last year while 31.8 percent of taxpayers did not pay any taxes, according to...

Increasing Number of Greeks Pay Income and Property Tax With Credit Cards

More and more Greeks have turned to credit cards to help them in paying their income and property taxes, according to the Greek newspaper...

Voluntary Declaration of Hidden Income to Face Heavy Tax Over 50%

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,...

Shocking Spiral of Unpaid Debt: Another 800 Million Euros Added to the Bill

Tax Office data shows that unpaid tax obligations are expected to reach 7.618 billion euros from January to July. Each month, foreclosures increase while...

One in Four Greek Taxpayers Unable to Meet Their Tax Obligations

One in four Greek taxpayers were unable to pay the first installment of their income tax, mainly as a result of the dramatic drop...

Greek State Revenues €500 Mln Less than Expected in July

State revenues from taxes in July were 500 million euros less that the ministry of finance had anticipated, thereby threatening fiscal targets. While taxpayers paid...

Eight in Ten Greeks Live on Less than €1,000 a Month

The completion of the third bailout program in 2018 will find 90% of Greeks declaring income less than 12,000 euros per year, while at...

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...

Greek Finance Ministry Drafts Bill to Promote Use of Plastic Money

The Greek Finance ministry is drafting a new bill soon to be tabled in parliament that would offer tax benefits to people who use...

The Majority of Greeks Declared Incomes Less Than 10,000 Euros for 2015

According to a report by the Hellenic Federation of Enterprises seeking to analyze the distribution of tax burdens, 1.2 million taxpayers filed zero income...

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