Small share of Greek taxpayers covers bulk of income tax revenues

Less than a fifth of Greek taxpayers cover 90 percent of the income tax the Greek state receives every year, while just a few enterprises pay the bulk of corporate tax, an economists' conference on the Greek budget for 2019 heard on Tuesday in Athens.

The data presented by Vassilios Zoumpoulidis, assistant professor of economics at the Eastern Macedonia and Thrace Institute of Technology, showed that 1.2 million taxpayers, or 19 percent of individuals filing income tax every year, pay 6.2 billion euros (7 billion US dollars), or about 90 percent of the total tax revenue, into the state coffers.

The statistics also showed that just 4.5 percent of corporations account for 83 percent of the state's revenues from corporate income tax.

Greece's taxation policy of the last few years is projected to continue into 2019, Zoumpoulidis said.

He added that...