Tourists in Greece leave €100million in tips? Where’s the tax office?
I read this news today that Tourists visiting Greece leave some 100 million euro in tips. The data was allegedly based on a survey on tips carried out by the travel website Tripadvisor. aim of the...
View ArticleHow Greek employers and state exploit 1million “invisible employees”
A new term appeared in our Modern Greek language of our Modern Greek crisis-hit country: the ‘invisible employee’. Who is the invisible employee who emerged from the Greek crisis and the skyrocketing...
View ArticleGreece’s Lawmakers grant themselves a tax gift of up to €2,000
Greece’s ministers, lawmakers, mayors and other high-ranking public officials are able to enjoy generous tax reductions reaching up to 2,000 euros per year. A Greek daily revealed that the reductions...
View ArticleGreece’s red-tapes and business environment surprise foreigners
Greece’s red tapes for entrepreneurs and the general business environment can be shocking, not only to Greeks but also to foreigners when they get in touch with them. David Alston, a New Brunswick’s...
View ArticleCourt rules Debtors can claim Compensation from Collection Agencies
“Repeated calls from collection agencies to debtors infringe personality and debtors are entitled to compensation.” This is the final decision of a court in Athens after an attorney filed a lawsuit...
View ArticleFEANTSA: Greeks face unbearable housing cost, far above the EU average
Households in Greece spend a greater portion of their income on housing cost than those in any other country of the European Union country. A survey conducted by the European Federation of National...
View ArticleGreeks paid €7bn more in taxes in 2016, as middle-classes vanish and poverty...
Two out of ten Greeks paid 80% of the total income taxes last year. At the same time poverty increases: more than 340,000 households declared zero income for the tax year 2015. Data released on...
View ArticleCreditors’ deal with Greece: Crash the poor, break the social vulnerable and...
Greece will lower tax-free threshold to 5,681 euros annual income. The European Union sets the poverty line at 6,000 euro. This is the biggest scandal in the package of additional austerity measures...
View ArticleFor every €100 a Greek self-employed makes, €82 go to taxes and contributions
Greeks will work an average of 203 days this year to pay taxes to the state and social insurance contributions, according to research conducted by the Dragoumis Center for Liberal Studies (KEFIM) to...
View ArticleLegislation is out: Tax of 15%-45% on Airbnb short-term rentals in Greece
The legislation to tax incomes from short-term rentals via online platforms like Airbnb has been published in a circular recently issued by the General Secretary for Public Revenues. The legislation...
View ArticleThree out of ten taxpayers did not pay first installment of income tax
Three out of ten taxpayers did not pay the first installment of income tax due on July 31st. Now, they are at risk to face confiscations if they do settle their arrears as soon as possible. According...
View ArticleND leader Mitsotakis: “Social equality is against the human nature”
Awkward message by the leader of Greece’s major opposition party, conservative New Democracy. “Social equality is against the human nature,” tribe leader Kyriakos Mitsotakis told Greeks at the...
View ArticleUS, Greece agree to exchange tax reports on multinationals
The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange country-by-country reports on multinationals. The agreement,...
View Article“Success, Greeks no longer seek food in garbage bins,” says Culture Minister
“There are no people seeking food in the garbage bins as in 2014,” Culture Minister Elena Kountoura said adding that citizens congratulate the government for its social policies. People are...
View ArticleBudget 2018: Record primary surplus, stunning growth via €2.2billion cuts and...
Greece’s government submitted the Budget 2018 to the Parliament late Tuesday. The Budget 2018, the last ‘bailout’ budget, targets a record primary surplus of 3.82 percent of GDP and a stunning growth...
View ArticleOCED confirms Greece’s “tax tsunami” in 2016
Greece experienced the largest tax increase among 35 members of the member states of the Organization for Economic Co-operation and Development (OECD) last year. According to new figures released by...
View ArticleGreece to regulate online gambling market with juicy tax and ambitious...
After the regulation of TV licenses, Greece is trying to regulate the online gambling landscape. A new government-commissioned study has suggested Greece stick with its controversial plan to impose a...
View Article“Greek taxpayers will see a tax reduction of €3.5billion,” says Tsakalotos
Greek taxpayers will see a tax reduction of 3.5 billion euros in the near future, Finance Minister Euclid Tsakalotos said in Iraklio, Crete, on Friday. He did not define “near future” thought, neither...
View ArticleOECD Greece report: High taxes and almost nonexistent benefits
Over taxation of low and medium incomes, low wages, non existing benefits, a poor education system: these are the key words in chapter “Greece” as presented by the Organization for Economic Cooperation...
View ArticleFinMin Tsakalotos: 73 Taxpayers owe more than 30 billion euros
Finance Minister Euclid Tsakalotos revealed that 73 taxpayers numbers owe more than 30 billion euros. In a press conference on Friday, the Greek finance minister said that the majority of debtors to...
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