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Tag Archives: tax

Greek authorities add new burden on short-term rentals

Greece’s tax authorities are increasing the burden on owners choosing to rent out their property short-term. A recent circular by the Independent Authority for Public Revenue (AADE) includes a provision that states that any short-term rental accommodation should operate as a company branch, which is also subject to a fee …

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Payment of Property Tax (ENFIA) increases to 11 installments

The installments for the payment of the so-called “Unified Single Property Tax” (ENFIA) are increasing with an amendment submitted by the Ministry of National Economy and Finance to Parliament. At the same time, the deadlines for submitting the E9 form of realty declarations for those who want to make corrections …

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Income tax filing deadline extended to Aug 31

The deadline for the filing of income tax returns for 2022 has been extended to August 31, following the passing of an amendment in parliament. However, the payment deadline for the first tax instalment remains July 31. In effect, this means that taxpayers who submit their returns by the new …

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Greece’s authorities chase Digital Tax dodgers

A special group of Independent State Revenue Authority- AADE auditors is “scanning” social media for possible digital dodgers. It searches Facebook, Instagram, TikTok to detect suspicious transactions, cases of illegal trade and enrichment. The case of the well-known influencer, who was caught evading taxes and is facing a fine of …

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Platform for payment of outstanding debts in 72-120 installments opens

The Independent Authority for Public Revenues (AADE) is launching an online platform on Friday, April 7, 202, for the payment of outstanding debts to tax offices and insurance funds. The measures concerns all those who either lost the old arrangements for settling tax and insurance debts in 72 to 120 …

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Inspectors locate tax evasion worth than 15million euros

Inspectors of the Independent Authority for Public Revenue (AADE) located extensive tax evasion in eleven services sectors. The amount of total tax evasion is 15 million euros. All are companies to which the controls were targeted and with special handling and the results were the object processed by special software …

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Athens taxi drivers on work stoppage, Feb 13

Taxi drivers in Athens will hold a work stoppage and a general meeting of their union SATA to discuss and promote financial and other demands on Monday, February 13, 2023. The work stoppage will take place between 12 o’ clock noon and 8 o’ clock in the evening. In an …

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Greece to enable tax payments via foreign credit and debit cards

Greeks and foreigners will finally get the chance to pay their taxes, duties and levies in Greece using cards issued abroad. The Independent Authority for Public Revenue has reportedly already began a public consultation process and the contractor to undertake the project will be decided within 15 days. Payment to …

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Finance Ministry extends tax filing deadline to Sept 17

The Finance Ministry announced the extension of the deadline to file taxes this year until September 17, 2021. The installments of taxes to be paid in July and August must be paid by September 17, the ministry said. Filers who want to use the 3% reduction on total tax owed …

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Greece’s PM announces lower taxes, social security contributions

Prime Minister Kyriakos Mitsotakis announced on Thursday five measures to lower taxes and social security contributions for workers and businesses. The package of reductions is worth 2.5 billion euros. He said the measures will allow companies that sustained losses during the pandemic to return to profitability and will also pump …

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Greece’s Central banker calls for further tax reforms

Reforming the tax system is imperative to avoid upsetting fiscal balance in the post-pandemic period, Bank of Greece’s governor Yannis Stournaras said on Wednesday, addressing the Academy of Taxation and Accounting of the European Organization of Civil Law. In his speech, the central banker said it is necessary to change …

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26 Greek islands exempted from unified property tax (ENFIA)

26 Greek islands are exempted from the unified property tax (ENFIA) for the year 2020. The exemption was announced by Prime Minister Kyriakos Mitsotakis on Saturday. Today, finance authorities published the list of the 26 remote islands, where property owners will not pay the property tax this year. These 26 …

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