The draft Greek state budget for 2023 is expected to be finalized this week, before it is submitted to Parliament on October 3. Key features include tax cuts for citizens, especially for pensioners and civil servants, through the abolition of the solidarity tax and wage increases. Lost budget revenues will be compensated solely through economic […]
In an effort to revive the alcohol consumption market, Japan decided to hold an innovative ideas competition. The authorities of the country expect to increase tax revenues by revitalizing the market for the consumption of alcoholic beverages, and for this they called to participate in a competition of business ideas. The competition was sponsored by […]
During the presentation of new subsidies for Greek consumers on their electricity bills, which are, in fact … financed by the citizens themselves, the Minister of Environment and Energy, Kostas Skrekas, announced a new tax, the essence of which few people understood. According to him, there will be a “fee” of 0.01 euros/kWh (1 cent), […]
Tax revenues between January and July 2022 far exceeded the plan, according to preliminary data on the implementation of the state budget, released on Tuesday by the Greek Ministry of Finance. The target was exceeded by €5.1 billion, with total tax revenue for the period of €31.094 billion, up 19.9% from the target included in […]
New tax returns allow property owners to avoid paying tax on unpaid rent subject to the established procedure. Subscribe to read the article and get full access to other restricted materials. I’m already a subscriber. 1 day 1€/1 day Subscribe 1 month 3€/1 month Subscribe 1 year 12€/1 year Subscribe Frequently asked Questions When can […]
New price increases of around 10%, which cover almost all categories of products in supermarkets, show price lists that go from suppliers to companies and will be valid from July. It should be noted that this is happening against the backdrop of rising prices for other categories of consumer goods and services. With the food […]
Thanos Tsiros, economic commentator of Kathimerini, in this publication offers his version of the reasons for the failure of the Greek government in relation to tax policy and to justify the high level of taxes in the country. The pathogens characteristic of the Greek tax system, preventing its further consolidation, are still here. Progress made […]
The population pays for expensive fuel, because tax evasion, both small and large, in Greece (as well as in many other countries of the world) is common. This, unfortunately, is the simple and bitter truth about paying taxes, says Greek publicist Adonis Karakoussis. Taxes have never been popular. On the contrary, they have always aroused […]
The processing of the first tax returns received by ΑΑΔΕ showed that more than 7 out of 10 citizens either do not pay a single euro of tax or receive a refund. AADE data shows that the continuation of the pandemic and the pressure it has put on the income of most Greeks in 2021 […]
“Greta Thunberg’s best friends” have resurfaced in Greece, urging the country’s leadership to introduce a new carbon tax. And this at a time when, due to insane gas prices, the country was forced to commission previously suspended shale coal power plants. And do you think the Greek authorities will turn down such serious people as […]
The online platform for filing income tax returns for 2021 opened on Thursday 31 March 2022. When entering it, taxpayers must confirm their personal and contact details. Access is possible only with special taxinet codes. By July 1, 2022, about 6.4 million taxpayers must file tax returns. It should be noted that the collection of […]
Prime Minister Kyriakos Mitsotakis said on Wednesday that most of the windfall profits of energy companies will be taxed and help cover losses incurred by citizens during the energy crisis. Speaking in parliament, the prime minister said that energy companies would be forced to pay back part of their excess profits to counteract this disruption […]