TAXATION


Minister and food industry at loggerheads over VAT
TAXATION

“We cannot and do not want to reduce value-added tax,” said National Economy and Finance Minister Kostis Hatzidakis on Monday, categorically refusing the request made once again by the president of the Association of Greek Food Industries.

Ministry and AADE clash with tax experts
TAXATION

The ministry and the Independent Authority for Public Revenue (AADE) do not toy with tax declarations, Minister of National Economy and Finance Kostis Hatzidakis said on Friday.


Primary surplus dwarfs target
ECONOMY

The execution of the state budget shows a primary surplus of 3.25 billion euros in the first quarter of 2024 (January-April), against a primary surplus target of 631 million euros and the primary surplus of 2.44 billion euros achieved in the same period of the previous year, the National Economy and Finance Ministry said in its preliminary data released on Wednesday.

Payout for the whistleblowers
FINANCE

A bonus of up to 3,000 euros awaits taxpayers who, through the appodixi application, have detected falsified mechanisms and fake receipts in their transactions with various businesses.


Extra €11 bln declared in 2023
TAXATION

Declared incomes increased significantly last year, not only thanks to economic growth but also due to improvements in the tax mechanism.

Targeting illegal betting firms
FINANCE

The state is about to file its first lawsuit against one or more unlicensed online gambling companies with a presence in Greece.



Families pay unduly high tax
TAXATION

Greece imposes a higher income tax on all types of households than most countries in the world and of course the OECD average.

‘Forgotten’ income notices on the way
ECONOMY

More than 20,000 notices for “forgotten” past income are being sent out by the Independent Public Revenue Authority (AADE) to taxpayers who have been found to have concealed income or not submitted returns.

Greek tax revenues €598 mln above target
ECONOMY

Budget revenues from taxes in January-March 2024 were 598 million euros above target, at €14.844 billion, the National Economy and Finance Ministry announced on Tuesday.


Portal for tax declarations has opened
TAXATION

The online portal has opened on Taxisnet for the submission of tax returns for the incomes of 2023, with the final date for their submission being Friday July 26.