Retirees moving their tax residence to Greece will now have until Oct. 31 to apply for a special tax regime that applies a 7% rate to qualifying income earned abroad and can remain in place for up to 15 years
Chris Rokos’s move from the UK to Greece has reignited the debate over tax, talent and whether Britain is becoming less attractive to the global wealthy.
The government spokesperson said the measures to be unveiled at the Thessaloniki fair, worth more than 1 billion euros, would be permanent, with pensioners, public and private sector workers and the self-employed among the intended beneficiaries
While most of Europe eases its dependence on consumption taxes, Greece has gone the other way, posting the bloc's steepest rise in VAT's share of revenue over the past decade, a shift that lands hardest on ordinary shoppers
The Athens Bakers' Guild is urging members to join a protest on Wednesday, June 17, at 7 p.m., gathering at Monastiraki Square
The Greek government is expanding its "brain regain" program to include public sector workers, offering returning Greeks a 50% income tax cut for seven years.
The man leading the race in Artificial Intelligence, Sam Altman, is asking the state, across 13 pages, to tax and regulate the very technology he himself is building
Young adults who turned 18 in 2025 must submit tax returns if they earned income, own property, or have a registered vehicle, while certain students and dependent children are exempt.
According to a study by INSETE, the research arm of the Greek Tourism Confederation, Greek hotels face heavier taxation than their main competitors in Italy, Spain, Croatia, Turkey, Cyprus, and Portugal.
The country remained in the same spot from last year's list and is sandwiched between Belgium (26th) and Denmark (28th). For the 11th year in a row, Estonia ranked 1st on the Index
With net profits typically amounting to just one-third or even one-quarter of turnover, thousands of freelancers reported poverty-level incomes or even losses
As of next year, around 25,000 workers with ‘freelance contracts’, and the self-employed will be exempt from paying the 400-500 euros business levy.
More specifically, around 400,000 pensioners pay a double and arguably unfair tax through the solidarity contribution, which, due to its fiscal cost, will not be restructured.
What is more, the newly established electronic tools will facilitate the audit work of the Independent Authority for Public Revenue (AADE) to curb tax evasion.
Greece's surge in tax income is attributed to both the higher incomes declared by taxpayers and the imputed taxation system applied to freelancers and self-employed professionals.
A new meeting is scheduled for tomorrow morning, just hours before the deadline, to re-evaluate the situation, with the possibility of a brief extension until July 31 remaining.
To tackle non-compliance effectively, taxpayer profiling, risk assessment, and behavior analysis tools will be utilized, bolstered by extensive data exchanges and international cooperation.
This measure will also have a retroactive effect from April 1, 2024, covering arrangements established in the previous month as well as those already in effect
Taxpayers in Attica will be served digitally through the "My Requests" application on the myAADE digital portal (myaade.gov.gr) or via the myAADEapp.
As the figures revealed the number of debtors totaled 3.87 individuals and legal entities