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New Bill on ‘Plastic Money’ Allows Consumers to Build-up Tax-free Allowance

The draft bill tabled in Parliament last week will usher in a new way for tax-payers to "build up" their tax-free allowance as of...

Government Drafts Bill to Interconnect Tills Real-Time Data to Fin Min’s Taxisnet System

The Greek government has drafted a bill on initiating the interconnection of tills and tax mechanisms with the Finance Ministry's online Taxisnet system in efforts to curb...

Fin Ministry Bill Gives Tax Breaks to Greeks Making Payments With Credit and Debit...

Taxpayers who use their credit and debit cards to make payments will be eligible to claim a tax-free threshold in 2017, according to a...

Greece’s Shadow Economy Continues to Grow as State Coffers Miss Out on €16 Billion...

Greece is known for having a shadow economy, or an underground economy where people buy undeclared or illegal products and services. In recent years...

Farmers Protesting Tax Increase and Cuts to Social Security Close Greek-FYROM Border

The customs office at Evzones, near Greece’s border with FYROM, was blocked by farmers and from the municipality of Peonia on Saturday, who are...

Greeks Still Opting to Hide ‘Mattress Money’ Instead of Depositing in Banks

It appears that the Greek government lifting controls this summer on new money entering bank accounts has done very little to actually impact the...

Greek FinMin Says Investigation of Tax Evaders on Lagarde List Going at a Snails...

According to data recently released by Alternative Finance Minister Tryfon Alexiadis to the Greek Parliament, sifting through the long list of tax dodgers from...

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...

Greece Falls Short of Revenue Targets in 8 Months Despite Tax Storm

Greece has fallen short of its revenue target by 1.8 percent. A deficit in the budget balance worth 1,040 million euros in the first...

Report Shows Greece Only OECD Member State to Raise Corporate Tax in 2015

According to an Organization for Economic Cooperation and Development (OECD) report released which summarizes tax policy “Greece was the only country that raised the...

Increase in VAT Revenues as August Targets are Surpassed

VAT revenues increased significantly in August, surpassing monthly budget targets, while in the January-August period revenues surpassed targets by 3.01%. Both the Finance Ministry and the...

Government Crack Down to Tax Owners who Privately Sublet Rentals to Visitors

According to reports by Euronews, Greece's Deputy Finance Minister, Trifon Alexiadis told the media outlet that the government is planning to crack down on collecting...

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