Calamos Supports Greece

taxes

Greece the Only OECD Country to Raise VAT in 2016

Greece is the exception to the general trend that has prevailed in recent years among OECD member countries, to reduce the tax burden on businesses and individuals, in order to stimulate economic growth and enhance competitiveness. In a report titled...

KEFIM: Greeks Will Have to Work an Average of 203 Days in 2017 to Pay Taxes

The Dragoumis Center for Liberal Studies (KEFIM) has released data showing that Greeks will have to work an average of 203 days this year in order to pay taxes. The KEFIM researched when the first day during the year Greece...

Greek Shipowners Extend Voluntary Deal to Pay Additional Tax in 2018

The Union of Greek Shipowners (USG) approved a proposal by its president Theodoros Veniamis on Monday, to extend an agreement with the State to make a voluntary tax contribution in 2018. The exact size of the one-off payment was not...

Greeks Unable to Pay Taxes, State Debtor Numbers Continue to Rise

It is estimated that this year 3.94 million taxpayers owe the state money in tax payments amounting to some 94.7 billion euros. This means that almost one out of two taxpayers are unable to pay their taxes due and is...

Greeks Waiting Until Last Minute to File Tax Declarations

The Independent Authority for Public Revenue has reported a decline in the amount of taxpayers filing their declarations by some 300,000 in comparison to this time last year. Data released shows that up until Monday, June 12, only 2,588,596 tax...

One in Two Greeks Unable to Pay Taxes Due

Greek taxpayers are drowning in debt as half of them are unable to meet their tax obligations, according to an Imerisia newspaper report. Higher taxes along with wage and pension cuts and raises in prices of goods have left Greek...

Confiscations for Debtors to Greek State Rise Dramatically

Tax Office confiscations for those who owe to the Greek State are increasing rapidly, as in the first two months of the year 33,933 taxpayers with debts over 500 euros saw money withheld from their salaries, pensions, bank accounts...

Greeks Must Wait for Notification From Tax Office to See if They Reached Tax-free Threshold

The Greek government previously announced that it was going to create an application where taxpayers could keep track of their financial transactions in order to know when they reach the set amount needed to cover a tax-free threshold. However,...

Greeks Need 10 to 22 Documents to Sell a House

The Greek State requires an average of 10 documents -- in some cases up to 22 -- when a citizen wants to sell real estate property or accept a house as inheritance, according to a Kathimerini report. A new bill...

Greek Public Revenue Service Goes After €8 Bln in Debts to State

Greece's Independent Authority for Public Revenue (AADE) is to go after taxpayers in order to collect 3.5 billion euros from old debts and 4.5 billion expected to be generated in 2017. AADE is planning to collect the funds from taxpayers...