Athens grapples with awkward reduction of tax-free threshold

EconomyProgramme Tags: IMF, Reforms, Revenues, Taxes
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Discussions between the institutions and Greece, which are due to resume in Athens next week, will, among other issues, focus on plans to reduce the tax-free threshold for personal incomes.

In its recent Article IV Consultation report, the International Monetary Fund called for the broadening of the personal income tax base largely through a reduction in the tax-free threshold. This matter has become an integral part of the negotiations be...

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