Consumption tax

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.

White goods sales soar over 30 pct in Turkey thanks to tax cuts: Association

White goods sales surged 33 percent across Turkey in the first five months of the year due to significant tax cuts in the sector.

According to data from the Turkish White Goods Industrialists Association (TÜRKBESD), Turkey's white goods exports also saw a 4 percent increase in the January-May period, increasing to 7.69 million units, Reuters reported on June 20.