taxation

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

With net profits typically amounting to just one-third or even one-quarter of turnover, thousands of freelancers reported poverty-level incomes or even losses

As of next year, around 25,000 workers with ‘freelance contracts’, and the self-employed will be exempt from paying the 400-500 euros business levy.

More specifically, around 400,000 pensioners pay a double and arguably unfair tax through the solidarity contribution, which, due to its fiscal cost, will not be restructured.

What is more, the newly established electronic tools will facilitate the audit work of the Independent Authority for Public Revenue (AADE) to curb tax evasion.

Greece's surge in tax income is attributed to both the higher incomes declared by taxpayers and the imputed taxation system applied to freelancers and self-employed professionals.

A new meeting is scheduled for tomorrow morning, just hours before the deadline, to re-evaluate the situation, with the possibility of a brief extension until July 31 remaining.

To tackle non-compliance effectively, taxpayer profiling, risk assessment, and behavior analysis tools will be utilized, bolstered by extensive data exchanges and international cooperation.

This measure will also have a retroactive effect from April 1, 2024, covering arrangements established in the previous month as well as those already in effect

Taxpayers in Attica will be served digitally through the "My Requests" application on the myAADE digital portal (myaade.gov.gr) or via the myAADEapp.

As the figures revealed the number of debtors totaled 3.87 individuals and legal entities

Pitsilis disclosed that the E9 form, pertaining to taxpayers engaged in parental benefits and property donations, will be automatically completed through the myProperty platform, aligning with the efforts to enhance efficiency and user-friendliness in Greece's tax system

In the first two months of operation of the new complaints platform by IAPR, over 2,000 reports were filed related to tax and customs violations and corruption, the majority of which were filed under anonymity

Tax Freedom Day in Greece was commemorated on June 28

A short period of grace will be given to sellers in order to avoid the 1500 euro fine

The French paper reminded that Athens has unveiled an annual tax rate of 7% for 15 years for EU pensioners who move their tax residence to the country.

Greece, Le Figaro notes, is capturing the attention of retirees with a unified tax rate of 7% offered for 15 years to those establishing their tax residence there.

AADE eyes projects funded by Recovery and Resilience Fund to harness AI technologies, other advanced data analysis tools for 'intelligent' cross-checking

Deputy Finance Minister Haris Theocharis proposes doubling the exemption threshold from €10,000 to €20,000.

The “taxman cometh” to Greece’s surging short-term lease sector (the Airbnb phenomenon) as of Jan. 1, 2024, with an overnight stay fee tacked on to some 170,000 listed properties around the popular holiday destination. Approximately 7,440 property owners will also have to add VAT to their fees, while also keeping accounts similar to those kept […]