Net state budget revenue for Jan.–Oct. 2025 reached €60.921b, exceeding the target set in the 2026 budget report by €67 million, or 0.1%.
The Dutch royals’ lavish new home in Athens exposes the costly side of Greek luxury
The Finance Ministry is preparing sweeping measures to recover overdue debts, including immediate seizures of bank accounts, safe deposit boxes, and property, amid a political clash over the country’s soaring private debt
Authorities plan extensive audits and temporary closures during the August holiday weekend, targeting businesses with past violations and signs of tax irregularities across popular tourist destinations
Taxpayers are urged to complete any outstanding filings and payments promptly to avoid penalties
With just 11 days left until the deadline, taxpayers in Greece must act fast to submit their asset declarations for the years 2022 and 2023.
Citizens can submit an amendment return for each year covered by retroactive payments via the myAADE digital portal.
Total debts - not new arrears - to the Greek state have reached almost 108 billion euros, of which 26.326 billion are now considered as uncollectible
Military expenditure is running at over 6% of GDP, approaching levels reached by the Soviet Union at the height of the Cold War
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Access to the application is done using Taxis codes, which are then stored, and subsequently, user verification is done either through Face ID or fingerprint, without the need for the user to enter their codes on Taxisnet each time they log in.
The primary surplus on a modified cash basis amounted to 3.401 billion euros, compared to a target primary surplus of 1.981 billion euros
It is noted that from 1998 until today, the taxation on alcoholic beverages in Greece has increased a total of eight times, with four increases occurring within the period of 2009-2010, leading to a 125% increase in the excise tax coefficient on alcoholic beverages.
Fines may reach as high as 300,000 euros, according to a proposed amendment of the existing law which mandates the use of POS machines by businesses and their integration with cash registers
Top administrative court in Greece rules that imposition of profession tax does not violate specific provisions of Constitution
In a bid to sustain the construction sector, the Value Added Tax (VAT) on newly constructed properties will maintain its current status quo for an additional year, persisting until the conclusion of 2025
The tax bill will be inflated for freelancers, self-employed individuals, and sole proprietorships that have in the past reported very low or even zero incomes
Tax Freedom Day in Greece was commemorated on June 28
The relevant announcement was made by the Independent Authority for Public Revenue (IAPR) and concerns property registered in regions where the “objective asset value” is in force.
Employing new electronic tools to combat tax evasion and identify undeclared incomes, the country's tax bureau aims to conduct nearly 73,000 audits