Taxation in the United Kingdom
The bad management and waste in state companies continues unabated. One wonders what the state assets fund, the Hellenic Corporation of Assets and Participations, is doing about it.
Its executives are handsomely, if not excessively, renumerated and have clear responsibilities. They've had more than enough preparation time.
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.
The 500-million-euro drop in the income tax demanded from taxpayers after this year's processing of declarations compared to last year's is the outcome of the decline in incomes declared by professionals - following a tough 2017 when they were forced to pay huge social security contributions and taxes.