taxes

The changes in tax law introduced in 2016 ensure that political figures holding public office pay the same amount as any other citizen, finance ministry sources stressed on Tuesday in response to an article carried by the newspaper Eleftheros...

It's tax time in Greece which means taxpayers must figure out what deadlines for submission and payment they are up against. The first deadline comes on March 31 for enterprises and social security funds to declare salary and pension details...

On Monday, Deputy Finance Minister Katerina Papanatsiou presented data to Parliament disclosing that in 2016 the Independent Authority for Public Revenue confiscated a total of 124 million euros worth of bank deposits of state debtors. The data also showed that...

The government is ushering in the New Year with more tax hikes and pension and wage cuts for Greeks, New Democracy said in a press release on Monday, referring to the new set of consumption and special taxes which...

The Administrative Appeals Court has recently made a ruling that could end up costing the Greek state some €1 billion by ruling in favor of a plaintiff appealing fines for depositing unclaimed income in banks abroad, sources report. The General Secretariat...

The Finance Ministry has given individuals and firms until May 31, 2017 to come clean about incomplete tax declarations. There is a new draft law which provides for a lower tax and fine if people with undisclosed income come forward...

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 January 1, 2017, exclusively through the use of debit and credit cards. Only transactions and...

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 tax evasion and keep better tabs on the economy. The new bill is set to go...

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 new bill drafted by the Finance Ministry and tabled in Parliament Monday night. This means that...

Greece is known for having a shadow economy, or an underground economy where people buy undeclared or illegal products and services. In recent years the shadow economy in Greece accounts for around 24-25 percent of the economy, one of...