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Tag Archives: taxes

US, Greece agree to exchange tax reports on multinationals

The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange country-by-country reports on multinationals. The agreement, signed September 27, puts into effect a 2015 deal reached by OECD and G20 nations under the base erosion profit …

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Court rules Debtors can claim Compensation from Collection Agencies

“Repeated calls from collection agencies to debtors infringe personality and debtors are entitled to compensation.” This is the final decision of a court in Athens after an attorney filed a lawsuit against two collection agencies. The court ruling opens the way for compensation to be claimed for “personality insult” when …

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Greece’s Lawmakers grant themselves a tax gift of up to €2,000

Greece’s ministers, lawmakers, mayors and other high-ranking public officials are able to enjoy generous tax reductions reaching up to 2,000 euros per year. A Greek daily revealed that the reductions affect the so-called Solidarity Levy. The parliament voted in favor of such decreases already May 2016. The provision was included …

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ND Mitsotakis: We will lower taxes even without lenders’ approval

Leader of Greece’s major opposition New Democracy (ND) party, Kyriakos Mitsotakis vowed to lower the tax burden on entrepreneurs even without consulting with the country’s lenders and proceed with unilateral actions.. Speaking to Alpha TV on Tuesday evening, Mitsotakis stressing he was determined to move forward with his plan, even …

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4million Greek taxpayers need to pay €1.8bn today, total €7.85bn by end of November

Four million taxpayers, households and businesses, in Greece are called to pay a total of 1.8billion euro, today. Friday, September 30th 2016. The deadline for the first out of five installments for Unified Property Tax (ENFIA) and the second installment out of three for income tax expires today. The country’s …

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Church of Greece paid €3.5million in taxes

In the name of God, of faith and of transparency…  On the occasion of approving the finances report for the year 2015, the Holy Synod of the Greek Church issued a statement concerning the Revenues and Expenses for the management year 2015. The statement includes also the payments by the …

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