The Greek Deal.com
TAXATION
Tax revenues at 39.8% of Greece's GDP in 2023
Greece has one of the highest ratios of tax revenues to gross domestic product for 2023 among the 29 countries monitored by the Organisation for Economic Co-operation and Development (OECD), according to a report published today (Thursday).
New tax bill presented today
The new tax bill was presented today by the Minister of Economy and Finance, Kostis Hatzidakis, and the Deputy Ministers, Christos Dimas and Thanos Petralias.
€7.6 billion surplus in the eight months of 2024
The state budget showed a strong overperformance of tax revenues, which were up by €1.899 billion or 4.6% against the target, in January-August
Forthcoming changes to the presumptive taxation of self-employed persons
The countdown for marginal corrections to the presumptive tax system for self-employed persons has begun.
8 out of 10 taxpayers do not pay extra tax
The process of automatic finalization of the pre-completed declarations is completed and the relevant statements were issued, as informed by the AADE in a statement.
Greek citizens work 175 days a year to pay taxes
Greeks will have to work 175 days out of the year in 2024 just to pay taxes and state contributions. This year's Tax Freedom Day is on June 25, which is an improvement over 2023 and 2022 by 3 and 9 days, respectively.
From September onwards, changes in the presumptive taxation of self-employed persons
Reevaluating the presumptive method of calculating profits for independent contractors will have the primary goal of improving system efficiency and, more importantly, addressing some severe inequalities that have been noted.
33% levy on refineries' excess profits
The Ministry of Finance announced that refining companies would be subject to a temporary 33% Solidarity Contribution for the tax year 2023, based on their excess profits.
The organisational transformation of the tax administration continues
With the opening of the Attica Center for Tax Procedures and Service (KEFODE) on Monday, June 17, and the conversion of the Attica Tax Offices to the new category of Tax Service Services, the organizational transformation of the tax administration is continuing.
Thorough checks at the Tax Office of Chalkida
Based on the findings of the Greek Police, the auditors of the Independent Authority for Public Revenues' Internal Affairs Directorate are looking into the Chalkida Tax Office's records.
I didn't get into politics to cover up for thieves
The Minister of Finance said that he did not get into politics "to cover up thieves" with regards to the arrest of a director of the tax office and four employees due to allegations of bribery.