Greece News

Greek Parliament Approves VAT Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 21, 2019

The Greek Government has announced that parliament has approved legislation reducing the rate of value-added tax on food and energy. Read Full Story

EU To Probe Potential Abuses Of Citizenship By Investment Schemes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 28, 2019

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

Greece To Cut Corporate Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 28, 2018

Greece will gradually lower the rate of corporate tax over the next four years, under proposals announced in September and recently approved by the Greek parliament. Read Full Story

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Read Full Story

Ambitious Tax System Changes Still Necessary In Greece: OECD

by Jason Gorringe, Tax-News.com, London

Thursday, May 3, 2018

In the OECD's latest report for the country, Greece has been urged to broaden its tax base and further clamp down on tax evasion. Read Full Story

OECD Releases New Dispute Resolution Peer Reviews

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 13, 2018

The OECD on March 12 released a third round of peer reviews of countries' efforts to implement the BEPS minimum standard on improving tax dispute resolution mechanisms. Read Full Story

EU Challenges Yacht VAT Avoidance In Three States

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 8, 2018

The European Commission has sent letters of formal notice to Cyprus, Greece, and Malta for not levying the correct amount of value-added tax on yachts. Read Full Story

Greece Raises BEPS Concerns With Bulgaria

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, January 25, 2018

The heads of the Greek and Bulgarian tax authorities have met to discuss ways in which bilateral cooperation can be boosted with a view to reducing levels of tax avoidance and evasion, particularly with respect to Greek companies shifting profits to Bulgaria. Read Full Story