Calamos Supports Greece

security contributions

Greek Professionals to Pay Up to 75% of Income in Taxes, Contributions in 2018

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...

Greek Business Federation Newsletter Describes Inventive Ways People Tax Evade

This week's Hellenic Federation of Enterprises (SEV) newsletter describes inventive ways Greek businesses and freelancers use to evade taxes and security contributions. The newsletter underlines the need for measures that would tackle rampant tax and security contribution evasion. At the...

Protesting Farmers Gather in Central Athens

About 2,000 farmers gathered in central Athens to rally against new tax and security contribution measures, with Greek Communist Party (KKE) leader Dimitris Koutsoumbas among them. Farmers started arriving at Vathi Square in the late morning hours carrying banners and...

Mass Exit of Greek Businesses and Professionals Seeking Tax-Friendly Countries

The tax office of Greeks living and working abroad is receiving thousands of applications from businesses and professionals who try to flee Greece after the implementation of the new, heavy taxes and security contributions. Other than relocating abroad, businessmen and...

Starting Greek Professionals Will Have to Repay Discounted Security Contributions Retroactively

A circular of the new single security fund (EFKA) says that starting Greek professionals will pay discounted contributions for the first five years, but will have to repay them retroactively plus interest. This comes after a promise by Prime Minister...

Hikes in Security Contributions Lead Greek Businesses to Status Change

Hikes in security contributions and taxes, along with rumors that contributions for 2017 will be calculated on the basis of earnings in 2015, have led thousands businesses and professionals to change their tax status. Security contributions have moved to 26.95%...