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Tag Archives: taxation

Tsipras promises “just taxation, hikes in low pensions & minimum wages” and more…

“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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Death by Taxation: Greeks’ debts to tax office reach €70billion in September

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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Greek tax crazy: annual income €4,200, tax €825 !

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 FinMin to taxpayers: New taxes? Darling, it’s not what you think…

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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Switzerland turns down Greece’s wish to retroactively tax Greeks’ bank deposits

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 FinMin: new tax scheme for OPAP gambling, wins up €100 to tax-free

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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Greece Will Levy Ship Owners; Golden Dawn Supported Tax Exemption

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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Taxing the Greek Orthodox Church? Archbishop of Athens Ieronimos Declares Transparency

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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Crete Protest: Greek FinMin Tax ‘Hearses’ as ‘Passenger cars’ – Want a free ride?

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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Surreal Greece: Taxation According to Age Criteria

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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