Greece taxation

Freelancers in Greece can now challenge "unfair" tax assessments based on imputed income — but the process demands full financial disclosure.

Ministry of Environment and Energy has officially announced the framework for electricity subsidies targeting approximately one million businesses across Greece.

As of Friday, April 25, 2025, the Independent Public Revenue Authority (AADE) in Greece has automatically finalized pre-filled personal income tax returns for individual taxpayers.

Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025.

Over 70% of Greece's tax debt is owed by just 9,830 taxpayers, which are mostly large companies.

Properties valued at up to 500,000 euros that are insured against earthquakes, fires, and floods for the entire duration of 2024 will receive a 20% discount, double the 10% offered last year.

With just 11 days left until the deadline, taxpayers in Greece must act fast to submit their asset declarations for the years 2022 and 2023.

Despite innovative technologies boosting Greece's tax revenues, tax rates remain unchanged, and citizens continue to bear the burden

Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.

So far, 580,955 professionals and small businesses have registered for the free app ‘timologio’, an electronic invoice system, to issue their documents, which will now also be available as a mobile app.

The 6th installment of income tax is also due by the end of Dec., with any overdue payments subject to fines and interest.

The timeline for over 6.6 million taxpayers submitting tax declarations for 2025, will open on March 15 and close on July 15.

Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'

Council of State will review the constitutionality of landmark laws allowing same-sex marriage, tax code changes for freelancers, non-state Unis

A handful of incentives is also envisioned for mergers and acquisitions, along with greater innovation and bonuses for start-ups.

It should be noted that taxpayers have the right to dispute the assessment if they believe it is inaccurate.

Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.

“We want to further reduce taxes, not because we want to be agreeable, but because we can,” said the minister.

The new era for Greece’s tax authority includes smart technologies including AI that will help simplify procedures and audits.

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