Tag Archives: taxation

It doesn’t worth to be married with kids in Greece. Tax-wise. While taxes and social security contributions swallow 43.4% of the salary of a taxpayer without family, families with children are taxed with 3 percentage points more. According to a survey conducted by the Organization for Economic Cooperation and Development …

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Greece submitted a new Reforms List to the creditors today, as the negotiations with the creditors in Wednesday’s Euro Working Group did not develop according to the Greek expectations. The list was sent to the Brussels Group  – euro zone partners – on Wednesday morning. According to the Greek calculations, …

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“Greece will take a deep breath on Sunday. And on Monday the country will change page with the strong order from the people,” Alexis Tsipras said on Tuesday speaking in Thessaloniki on Tuesday evening. He added that “the people with their votes will put an end to the devastating policies  …

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It is a never ending horror spiral of tax debts and tax collection in recession-, austerity- and overtaxation-hit Greece. While many taxpayers make arrangements with the state to pay old debts and do indeed pay the installments month in, month out,  they do not manage to pay their taxes for …

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A Greek taxpayer almost suffered a heart attack seeing the tax office demanding 825 euro for the annual income of just 4,200 euro.  20.24% tax for income that was tax-free until last year and was supposed to have a tax reduction with the new system? A mistake from the side …

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Greek Finance Ministry is allegedly to tax with 26% the jobless who participated in so-called “subsidized programs” by the Employment Agency. Some news websites report today, that the jobless who participated in these programs will be considered as “self-employed” and will be taxed accordingly with 26% plus tax in advance …

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I don’t know if this taxation practice is valid also abroad but Greek Finance Ministry believes if an employee makes use of a corporate mobile phone or car, these constitute ‘assets’ and ‘gains’ and they have to be taxed as “income”! That is any corporate mobile phone bill above 300 …

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Ιn the virtual Greek reality we live in, I often recall the famous infragranti situation, when a partner captures his/her partner in bed with somebody else: both lovers naked but one of them shouts to the stunned and betrayed partner: “Darling, it’s not what you think…” Exactly the same is …

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Swiss Finance Minister Eveline Widmer-Schlumpf turned down the proposal of her Greek counterpart Yiannis Stournaras to impose taxes on Greeks’ bank accounts and transfer the money to Athens. Currently in the Greek capital, Widmer-Schlumpf told Stournaras that Switzerland does not do such deals any more, focusing instead on automatic information …

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Greek finance ministry announced on Sunday a new taxation scheme for gambling wins. It steps back from the original plan to tax the OPAP wins from the very first euro after objections of the gambling agents and the green light from the European Commission. Wins up to 100 euro will …

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What we all know is officially confirm: that our esteemed lawmakers who decide the unemployed and the low pensioners will have to give their last cent to the state, enjoy tax immunity, as almost two-thirds of the income they receive form the Greek Parliament is tax-free. Finance Minister Yiannis Stournaras …

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While the 300 esteemed Members of our Greek Parliament and government ministers approve laws taxing even the first euro a person living below poverty receives, they bless their own pockets as the 70% of their salaries and compensations are tax-free. Only 30% of their income coming from the Parliament is …

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Greeks will be called to pay one billion euro more on taxes with the new taxation system according to new taxation draft prepared by the Troika. Self-employed will pay taxes from the very first euro of revenues, while one million low-pensioners and employees will be exempted from tax (annual income …

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The additional austerity package adopted by the Greek Parliament on Wednesday includes a provision that will force ship owners, long accused of enjoying lavish fiscal privileges, to pony up at least 140 million euros. The provision initially called for a “voluntary” contribution to the state coffers, but Finance Minister Yannis Stournaras withdrew …

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Archbishop of Athens and all Greece Ieronimos decided to give a thorough answer to all these reports and publications appearing in international press about the “Taxation of the Greek Orthodox Church”. The letter addressed to Greek PM and the EU leaders aims to “restore the truth”, as it is said: Letter about …

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You pay 32 euro every four months for water consumption? This could brand-mark you as tax evader, should your water annual expenditure do not match with your income tax declaration. Greek Finance Ministry extorted all possible and fictional and non-fiction imagination  in order to combat the notorious Greek problem: the …

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Residents of Heraklion, Crete, were caught by a very unpleasant surprise to see dozens of hearse cars outside the Prefecture in the morning. Some started to make the cross sign fearing that a tragedy had occurred. However, all these hearse parked next to the city’s municipality Christmas tree, were there …

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That Greeks have been living in real surreal conditions, is something that people live here have been knowing for decades. But now, in times of the Troika, things are getting more and more absurd.  After the tough bargain between the Troika technocrats and Greek Finance Minister on Thursday morning (I will report about …

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