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  1. Newsletter 108 - 24/02/2017

    Newsletters

    percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent... related to VAT and withheld tax on wages would be excluded from any haircut, while the institutions favour

    5%

  2. Institutions back in Athens to resume review, agree new measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, cuts in individual and corporate tax rates and lowering in VAT rates for food services (from 24... rate by 10 percentage points, the personal income tax rate to 15-20 percent and the top VAT rate

    5%

  3. Greece and creditors dive into details of measures and counter-measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    incomes and in contributions as well as lowering the VAT rate for certain products and services...-of-court workout that have to be resolved include the write-off of overdue VAT and withheld taxes from

    5%

  4. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    relate to reduction in the single property tax (ENFIA), lower VAT rate for certain products... VAT and withheld tax on salaried work appear to have been bridged. The technical delegations

    5%

  5. New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , of which two thirds were created by three key taxes: VAT, corporate income tax and single property tax (ENFIA). The biggest revenue gap of 215.1 million euros was created by VAT, whose collectability

    5%

  6. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , VAT increased by 2.7 percent to 2.57 billion in the 2-month period, but fell short of target by 134... percent to 1.22 billion. However, the underperformance of VAT and consumption taxes was mitigated

    5%

  7. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    tax, VAT and single property tax (ENFIA) in 2016. Specifically, the punctual payments for personal... and at 16.9 percent for unpaid amounts. In contrast, corporate income tax and VAT recorded

    5%

  8. Newsletter 116 - 28/04/2017

    Newsletters

    taxes) increased by 1.75 billion to 30 billion. The bulk of that improvement stemmed from VAT, which... the 737 million figure posted in January, a quarter of which stemmed from VAT. The aggregate figure

    5%

  9. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of lower than expected personal income tax by 190 million. On the indirect taxes front, both VAT... by 1.3 percent in period and VAT rebounded by 3.4 percent, while consumption taxes edged down by 0.7

    5%

  10. Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 35 million. Revenues from VAT increased by 6.3 percent on an aggregate basis and beat the target by 54 million euros. On a monthly basis, VAT revenues rose by 7.3 percent. Privatisation proceeds

    5%