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Newsletter 436 - 11/10/2024
revenues, and notably VAT. VAT intakes in 2023 were 23.45 billion euros and are seen closing at 25.25... of registered transactions, as well as higher VAT revenues. The measure was rolled out before the summer so... holds, it is beyond dispute that VAT and other indirect taxes have greatly benefited from persistent
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomy, and notably VAT. VAT intakes in 2023 were 23.45 billion euros and are seen closing at 25.25 billion... transactions, as well as higher VAT revenues. The measure was rolled out before the summer so..., it is beyond dispute that VAT and other indirect taxes have greatly benefited from persistent
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek Politics50,000 euros. No VAT change? However, the local media appears to be in agreement that one of the measures which is unlikely to be considered is reducing the VAT rate. Elevated VAT revenues, boosted... indirect taxes, including VAT. The conservatives argue that regardless of whether such cuts helped
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Newsletter 479 - 10/10/2025
, specifically VAT. This year will see strong budget revenues, with total taxes estimated to reach 70.88 billion... taxes and income taxes at roughly 37 pct. VAT has a prominent role, as it is expected to reach 53... billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due to beat the initial target
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Government budgeting on a late RRF sprint
EconomyMacroeconomyon indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... taxation at 55 pct of total taxes and income taxes at roughly 37 pct. VAT has a prominent role... are seen coming to 15.88 billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due
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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomy, the recent government proposal to double the hotel VAT rate to 13 percent, aligning... that the hike in the VAT rate has a direct positive impact on VAT revenues by at least 350 million euros... from doubling the VAT rate would lead to 2.6 million fewer tourist arrivals next year, with travel
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammebreakdown showed the underperformance mainly stemmed from lower income tax and VAT revenues by 479 and 321... categories relate to the extension by one month of the deadline for VAT payment granted by the previous... on this revenue source in February. However, VAT revenues could increase in February. In spite
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Reported widening of revenue shortfall in Feb as liquidity worries persist
Economyprovided in the press report. Revenues from tax offices, including VAT and single property tax (ENFIA) revenues, are higher from last year but lower than target. In January VAT revenues reached 1.33... to the one-month extension provided to taxpayers to pay their obligations. VAT revenues
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The key points from lenders' proposals to Greece
EconomyProgrammecorresponding to 3 billion euros for 2015. The first key measure involves reforming VAT with the introduction of two VAT rates at 11 and 23 percent replacing the currently applied 6.5, 13 and 23... that the VAT reform targets a revenue increase by 1 percent of GDP or 1.8 billion on an annual basis
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Newsletter 29 - 05/06/2015
this year. Those measures mainly involve introducing a new VAT rate of 11 percent for to include... a cut in both supplementary and primary pensions. new VAT rates should produce additional revenues of 1... anticipated at that time. Those measures mainly involved increasing the hotel VAT rate from 6.5
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