Tag: tax

The genius way the Ancient Greeks taxed their citizens
FINANCE
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FINANCE
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The genius way the Ancient Greeks taxed their citizens

Panos - Jun 19, 2017

Imagine a progressive tax — in other words, a tax that falls on those most able to pay; a tax that results in the rich paying —…

Greeks declared 7 billion more in taxes in 2016
FINANCE
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FINANCE
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Greeks declared 7 billion more in taxes in 2016

makis - Apr 13, 2017

Greek households paid an additional 6.1 billion euros in taxes for the current fiscal year compared 2015, according to the data posted on the website of the…

Income tax load mostly burdens an unlucky tenth of taxpayers
FINANCE
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FINANCE
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Income tax load mostly burdens an unlucky tenth of taxpayers

makis - Apr 13, 2017

About a tenth of Greek taxpayers forked out 60 percent of the total income tax paid last year, according to data released on Thursday by the Independent…

Hefty cuts to tax discount and pensions
FINANCE
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FINANCE
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Hefty cuts to tax discount and pensions

makis - Apr 10, 2017

The taxable income threshold for salary workers, pensioners and farmers looks set to drop to 5,636 euros per annum from 2020, and possibly as early as 2019…

Finance tax ‘within reach’ but political will needed, EU’s Moscovici says
FINANCE
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FINANCE
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Finance tax ‘within reach’ but political will needed, EU’s Moscovici says

makis - Jan 26, 2017

An agreement on a common financial transactions tax (FTT) is "within reach" among the 10 eurozone countries willing to adopt it, the European Union's economics commissioner said…

Tax hikes and card use helped primary surplus exceed its target
FINANCE
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FINANCE
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Tax hikes and card use helped primary surplus exceed its target

makis - Jan 17, 2017

Excessive taxation and taxpayers’ increased use of plastic money in their payments to the state led to the creation of a primary budget surplus of almost 4.4…

Tax makes hotel investments costlier in Greece
GREECE
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GREECE
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Tax makes hotel investments costlier in Greece

makis - Jan 05, 2017

High taxation is preventing tourism investment in Greece, according to the latest study by the Institute of the Greek Tourism Confederation (SETE). Comparing Greece with Cyprus, the…

Tax debts to Greek state rise to more than 94 bln euros
FINANCE
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FINANCE
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Tax debts to Greek state rise to more than 94 bln euros

makis - Jan 03, 2017

More than half of the country’s taxpayers owe money to the cash-strapped Greek state, according to the Finance Ministry’s General Secretariat of Public Revenues. Fresh data show…

Road tax deadline extended to Jan 9
FINANCE
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FINANCE
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Road tax deadline extended to Jan 9

makis - Dec 30, 2016

The Finance Ministry on Friday granted a fresh extension on the payment deadline for the 2017 road tax. Motorists now have until the close of business on…

Pop star Hatzigiannis cleared of tax dodging charges
GREECE
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GREECE
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Pop star Hatzigiannis cleared of tax dodging charges

Sokratis - Nov 26, 2016

An Athens has court acquitted Cypriot pop star Michalis Hatzigiannis of tax dodging charges. The case concerned a money transfer of 5.3 million euros to Cyprus in…

Changes to road tax and heating oil benefit are put on hold
GREECE
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GREECE
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Changes to road tax and heating oil benefit are put on hold

Sokratis - Nov 12, 2016

Two of the pledges former alternate minister of finance Tryfon Alexiadis had made before the government reshuffle, concerning changes to road tax and the heating oil benefit,…

Tax burden in Greece for 2016 amounts to 37.6% of the GDP
FINANCE
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FINANCE
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Tax burden in Greece for 2016 amounts to 37.6% of the GDP

makis - Nov 11, 2016

Greek citizens face a major tax burden, with a European Commission survey revealing that the burden climbed to 65.7 billion euros in 2016, from 64 billion euros…

Road tax reduction for used cars first registered in another EU country
FINANCE
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FINANCE
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Road tax reduction for used cars first registered in another EU country

Panos - Sep 30, 2016

Road tax is set to decrease for owners of used cars that were first registered in another European Union country, according to a Finance Ministry circular issued…

Alexiadis confident of collecting €2.65bn from ENFIA tax
FINANCE
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FINANCE
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Alexiadis confident of collecting €2.65bn from ENFIA tax

makis - Aug 26, 2016

The Alternate Minister of Finance Tryfon Alexiadis appeared confident that the government will manage to collect 2.65 billion euros from the ENFIA real estate tax. In an…

About 1.8 million tax payers and businesses suspected of tax evasion
FINANCE
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FINANCE
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About 1.8 million tax payers and businesses suspected of tax evasion

makis - Aug 22, 2016

The Ministry of Finance has finalized an ambitious plan to tackle tax evasion which will use data supplied by banks and tax offices in conjunction with information…

ENFIA tax for 2016 in 5 installments – First one due in September
FINANCE
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FINANCE
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ENFIA tax for 2016 in 5 installments – First one due in September

makis - Jul 25, 2016

The Ministry of Finance has announced the ENFIA real estate tax for 2016 will be payable in five installments, rather than four, with the first one due…

Alexiadis warns that the efforts against tax evasion will increase
FINANCE
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FINANCE
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Alexiadis warns that the efforts against tax evasion will increase

makis - Jul 01, 2016

The Alternate Minister of Finance Tryfon Alexiadis announced that VAT revenue in the first five months of the year have exceeded budget targets and stressed that tax…

Alexiadis warns that the efforts against tax evasion will increase
FINANCE
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FINANCE
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Alexiadis warns that the efforts against tax evasion will increase

Panos - Jul 01, 2016

The Alternate Minister of Finance Tryfon Alexiadis announced that VAT revenue in the first five months of the year have exceeded budget targets and stressed that tax…

EWG President Weiser says Greek government chose to impose high taxes
FINANCE
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FINANCE
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EWG President Weiser says Greek government chose to impose high taxes

Panos - Jun 28, 2016

The President of the Eurogroup Working Group, Thomas Weiser said the imposition of more taxes was a choice made by the Greek government in an interview to…

Omnibus bill contains indirect tax hikes worth 1.83 billion euros
FINANCE
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FINANCE
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Omnibus bill contains indirect tax hikes worth 1.83 billion euros

Panos - May 20, 2016

The controversial omnibus bill that was tabled earlier in the week contains a series of indirect tax hikes on a variety of goods and services, which will…