Income tax

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 declined by 1,759 billion euros, with tax revenues and privatization revenues dropping. The Ministry of Finance...

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...

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 newspaper To Vima on Sunday. According to figures based on the 8,645,596 tax returns filed in...

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...

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 more tax payers are crushing under the burden as they enter the state's "black" list. Data...

One in four Greek taxpayers were unable to pay the first installment of their income tax, mainly as a result of the dramatic drop in their income as a consequence of over-taxation. Data from the Greek Ministry of Finance...

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 the first monthly income tax installment as anticipated, revenues from customs were far below expectations....

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 the moment the number is 80%, a Kathimerini newspaper report says. At the moment, 80% of...

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...