Since 2010, declared income has plummeted but tax due has risen

EconomyFeatures Tags: MoF, Revenues, Taxes By: Manos Giakoumis
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The publication by the Independent Authority of Public Revenue (IAPR) of the annual statistical bulletins provided revealing information about the composition personal income tax and its evolution over the past few years.

The highest reading for declared income since 2005, when data was first made available, was recorded in 2009 at 100.3 billion euros, while the lowest was posted in 2013 at 71.28 billion.

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