Tuesday April 21, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Corporate tax 125 pct higher than last year

By Thanos Tsiros

Greek enterprises will have to pay more than twice as much corporate income tax this year as in 2013, as the Finance Ministry has issued demands for 3.8 billion euros to the 230,000 companies that have submitted their declarations i.e. a 125 percent increase from last year.

The ministry has already collected all the data as enterprises had until May 30 to submit their income statements and have already started paying their taxes, payable in up to eight monthly installments.

This shows that one of the most ambitious targets of the years budget, for the collection of 3.891 billion euros from corporations against just 1.681 billion in 2013, might actually be attainable.

From the processed data that Kathimerini has seen, it emerges that the payable tax amount is very close to what the budget had provided for, so the question now is to what extent the enterprises will be able to fulfill their obligations by year-end.

The main reasons for the increase in tax due has been the rise to the baseline rate on 2013 earnings from 20 percent to 26 percent and the obligation to pay next years tax in advance.

ekathimerini.com , Sunday Jul 6, 2014 (20:57)  
ECB studying curbs on Greek bank support
Greek markets slide on reports ECB planning to restrict bank funding
Pension and lump sum cuts to be frozen
Eldorado Gold appeals to Council of State over ministry ambivalence
Greek governments popularity takes a hit as talks drag on
The leftist-led Greek government is rapidly losing popularity as negotiations with international creditors drag on with little hope of a resolution anytime soon, a poll conducted by the Univ...
No ferries on Labor Day as seamen take industrial action
Passenger ferries will remain tied up at Greece's ports on Friday, May 1, preventing thousands of Labor Day travelers from reaching their destinations, as the PNO union of ferry workers on T...
Inside News
BASKETBALL
Panathinaikos recovers to beat CSKA for 2-1
Three-pointer master Panathinaikos had the last laugh at the end of Game 3 of its series with CSKA Moscow on Monday winning 86-85 and reducing the Russians' lead to 2-1 in the best-of-five p...
GYMNASTICS
Petrounias wins gold in Europeans
Lefteris Petrounias won his first gold medal in a European Artistic Gymnastics Championship on Saturday finishing first in the rings at Montpellier in France. Petrounias was impeccable in th...
Inside Sports
COMMENTARY
Tragedy in the Mediterranean
Every time we in the West see yet another video of an atrocity committed by Islamic State or Boko Haram and express our abhorrence, and every time we are shocked to read of a boatload of mig...
EDITORIAL
Silence is not an option
There is no shortage of politicians, lobbyists and unionists from the center right who have backed the government, whether tacitly or explicitly. Naturally, when it was first elected, the go...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. ECB studying curbs on Greek bank support
2. Greek markets slide on reports ECB planning to restrict bank funding
3. Greek governments popularity takes a hit as talks drag on
4. No ferries on Labor Day as seamen take industrial action
5. Two men accused of migrant smuggling face prosecutor over deadly shipwreck
6. Panathinaikos recovers to beat CSKA for 2-1
more news
Today
This Week
1. Two men accused of migrant smuggling face prosecutor over deadly shipwreck
2. Tragedy in the Mediterranean
3. Silence is not an option
4. No ferries on Labor Day as seamen take industrial action
5. Greek government's popularity takes a hit as talks drag on
6. Greek markets slide on reports ECB planning to restrict bank funding
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek finance ministry hits back at German newspaper report
3. Time to get serious
4. Putting off payments led to Q1 budget primary surplus
5. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
6. Greece denies report that it is preparing for debt default
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.