Consumption tax

Gov't signals comprehensive tax reform

Vice President Cevdet Yılmaz has said there are strong demands from the labor and employer sectors on taxation and that he supports these demands, pointing to radical changes.

"This is an issue we should work on," Yılmaz said after meeting with representatives of the business world as part of preparations for the Medium-Term Program (MTP) to be announced next month.

Winemakers to get back consumption tax paid for this year

Wine producers will finally get back the tax the previous government had imposed on them until December 2018, but which is still being collected this year.

Prime Minister Kyriakos Mitsotakis told producers at Imathia, in central Macedonia, on Friday that the legal clause for that purpose will be included in the tax bill expected to be passed into law in the coming weeks.

Greek tax increases top OECD chart

Greece is the last decade's tax hike champion among the 35 member-states of the Organization for Economic Cooperation and Development, according to a new OECD report.

The report, which reflects the huge burden imposed on Greek taxpayers, shows that Greece remains the global leader not only in the sum of taxes but also in categories such as consumption taxation and property levies.

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