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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicson dividends from 15 percent to 5, reduce the VAT on farming supplies to 13 percent, abolish... of VAT from 10,000 euros to 25,000 euros. Mitsotakis said that the reductions would be worth a total
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomybillion euros, beating the target by 608 million. VAT climbed 18.9 percent in August and 12 percent... in the local media had indicated a notable rebound in VAT revenues in the islands (Cyclades, Crete
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Greece's taxing challenges
Agoraobligations. While the ENFIA and VAT collection rates reached 83 percent and 81 percent last year... campaigned in favour of abolishing the tax, only to embrace it after taking office. VAT has been increased
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyin September on the back of a soaring VAT revenues (+47.2 percent), while consumption taxes fell... million above target, mostly reflecting an outperformance of VAT revenues by 312 million, while
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Fiscal Council adopts 2017 budget forecasts with three reservations
EconomyMacroeconomy. Moreover, the increased revenue collection from personal income tax, VAT and excise taxes... income tax estimated to increase by 14.5 percent to 9.17 billion euros, VAT by 5.2 percent to 15.48
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgramme, the government should adopt all necessary measures to make the VAT lottery operational by February 2017... for uncollected VAT related to unpaid good and services and introducing a system of regular monthly payment
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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek Politicsmillion euros from Greece’s excess surplus to pensioners and to freeze the rise in VAT... in the week, his pledges on pensions and VAT appeared to be moves designed to give himself better political
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Athens settles pension handout row, looks for review progress
EconomyProgrammeand the extension until the end of 2017 of the discounted VAT rate on certain islands. On Christmas Day.... Moreover, the cost of the suspension of the increased VAT rate on Aegean islands, estimated at 50
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December retail sales seen down 2.5 pct amid tax onrush
EconomyMacroeconomyas well as payment of VAT and tax on salaried work. “The constant and unexpected demands made... in the VAT rate from 23 to 24 percent (implemented as of July 1, 2016) (218 million) and higher contributions
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Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammeand increase in the medium VAT rate. The tax-free threshold currently ranges between 8,636 euros for a single person up to 9,545 euros for a family with at least three children, while the medium VAT rate
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