28/08/2018

Until mid-September, the law on property rights is expected to be submitted to the House. The ID will act as a mobile and real estate control for taxpayers and businesses.

It is expected to be a dominant tool for combating tax evasion, looking to the inflow of revenue into state funds.

28/08/2018

General Building Price Index of New Residential Buildings, with base year 2010 = 100.0 and reference month in July 2018, compared with July 2017, showed an increase of 1.5%, against a 0.1% decrease comparison of the corresponding indicators for the year 2017 to 2016.

28/08/2018

With strong gains, stock prices closed at the first session of the week, leveraging bank stocks, while turnover remained at low levels. The shares of Piraeus, PPC, Jumbo and Ethnikis were overtaken. The General Price Index closed at 736.27 points, recording an increase of 1.58%.

27/08/2018

Clarifications for the suspension of the tax evasion, in cases that arose after a tax audit, were issued by the Independent Public Revenue Authority.

27/08/2018

The possibility of requesting a refund of tax refunds from banks due to an error has the State. These are money, which is deposited in non-interest-bearing transitional accounts because taxpayers who are entitled to this refund do not have a bank account themselves.

27/08/2018

A powerful weapon against tax evasion is for the Greek tax authorities the data they collect through the automatic exchange of information regarding financial data of Greek taxpayers to foreign banks.

24/08/2018

The credit institutions and the conditions for their participation in the process of reimbursement of personal income tax, resulting from the winding-up by the Electronic Governance Department of the Independent Public Revenue Authority (ADR) of the initial statement of each year, as well as the time and method of credit of the beneficiaries' bank accounts were determined by a decision of the AAD governor G. Pitsilis.

24/08/2018

The Independent Public Revenue Authority, with institutional tax consultancy organizations, has been in talks over the past few years in the context of negotiations on fines for late amendments, according to information available to Tax News.

24/08/2018

Access to Tearsia's data on the total profile of borrowers with "red" loans demand funds that will buy Greek NPLs.

According to information from Capital.gr, in view of the strengthening of non-performing loans sales in the next period, especially from 2019 onwards, the funds raise their issue of access to Tireias data.

23/08/2018

A new decision with updated instructions regarding the procedure for the validation of rental properties was issued by the Independent Public Revenue Authority.
Essentially, with the new instructions, it is clear that short-term leases of real estate via internet platforms are not stated in this procedure. However, short-term written or verbal agreements that are not made via electronic platforms are stated through the application of the rental agreement.

23/08/2018

Two new financial tools to support Greek businesses are in the final stage of their constitution.

23/08/2018

In a series of tax mergers, the IAPR is proceeding in order to ensure its more efficient operation.
Its aim is to achieve, among other things, better service for citizens by concentrating human and material resources on enhanced tax offices, as stated in a relevant communication. It also seeks to save costs and human resources to support other IAPR audit services.

22/08/2018

The new digital COSMOTE Insurance service brings the possibility of providing integrated insurance solutions and personalized vehicle, home and primary health insurance services.

COSMOTE emphasizes that through the new service, consumers, regardless of the telecommunications provider, can find the insurance program that best suits their profile and needs with smart propositions, comparing and choosing among many available insurance programs and buying quickly, easily and just their insurance policy.

22/08/2018

Entrepreneurship in Greece and, above all, the small / medium-sized, close to, of course, very large groups, was struck in the monumental period. In the first two years the phenomena were very intense.

22/08/2018

When an economist of the European Commission told reporters in 2011 that Greece was expecting to raise up to 50 billion euros from the sale of assets by 2015, the domestic rage was so intense that the troika never again held a press conference in the country.

21/08/2018

Just before the start are the restoration works of Asteras Beach, the cosmopolitan beach at Lemos Vouliagmeni, which was a favorite destination of the elite, but also a sought-after setting for the filmmaking of classic Greek cinema. By decision, Culture Minister Lydia Koniordou approved the 650-meter-long beachfront modernization project, part of the investment project of the Arab fund AGC Equity Partners, with a total budget of 600 million euros, for the renovation of the resort in Lemos Vouliagmenis. The "involvement" of the Ministry of Culture was necessary as the Temple of Apollo Zoster, built in the 6th century BC, is located on the beach. This is why the opinion of the Central Archaeological Council was preceded by the approval of the works in Astir beach.

21/08/2018

For the Greek government and for European creditors, Greece's exit from the program and the end of the epic of the memorandums is a "landmark", but for these markets it is more a "symbolic" moment, with analysts claiming there is still a lot to be done to improve the Greek economy, while Greek bonds remain extremely vulnerable to external shocks, with the recent ones in Turkey and Italy proving it to be quite clear.

21/08/2018

Four crucial roadshows in September will have the opportunity for international investors to "interrogate" the Greek systemic banks, which will take part in them.

Their start is calculated on September 5, starting with HSBC's big conference and ending with the BofAML (Bank of America Merrill Lynch), a major annual financial event, held on 25 and 26 September in London. In the meantime, the entries are on September 10th at the JP Morgan Conference and certainly on September 19th at the HELEX conference.

20/08/2018

A mother of battles has made it clear for the government to begin the process of extending at least 25 sectoral conventions that will be in force from Tuesday 21 August on the first day of the memorial season. Representatives of employers' organizations hold a standstill, without looking at the announcements by the competent Labor Minister Efi Achitsoglou that the restoration of collective agreements is at the forefront of the government's aspirations. At the same time, some 200,000 employees expect the 25 sector contracts to expand to increase their disposable income.

20/08/2018

Monday is a historic day for Greece, as nearly a decade of foreign aid is coming to an end, CNBC reports.

20/08/2018

A surplus of 210 million euros showed the current account in June. It is significantly lower (-527 million euros) compared to the corresponding month of 2017 due to the deterioration of the goods balance but also of primary incomes. In the first half, we had a current account deficit, significantly higher than last year.

10/08/2018

By the end of September, the tender for the Esperia Palace lease and its reopening with 5 star international standards is expected to have been announced by EFPA. As the information says, the competition is in the final line and is thought to attract investors' interest, mainly due to the location of the hotel very close to Syntagma Square, given the increase recorded in the last three years by tourist traffic in Athens. However, as entrepreneurs explain from the hotel market, the amount of funds needed to renovate the unit, which has been closed for eight years, is likely to be a disincentive.

10/08/2018

In immediate application, the new system of fines against employers employing workers whom they have not stated in the Ergani information system and, of course, the EMFF is now being implemented.

According to the Ministerial Decision signed yesterday by Ms. Efi Aichioglu, a fine for an undeclared worker may exceed even € 42,000.

10/08/2018

The pressures on Greek bond yields are indicative of the volatility surrounding the exit from the program in the sense of returning to international capital markets.

09/08/2018

Signed by Labor Minister Efi Aichioglu, the decision on fines on undeclared work, passed in July by a large majority from the House.

09/08/2018

A fine of EUR 250-500 will be charged to companies that have submitted erroneous environmental plastic packaging returns for the first or second quarter of this year if they submit corrective amending statements.

In the case of enterprises in which the corrective statements will result in the payment of an additional fee, interest on late payment will also be imposed.

However, the obligation to submit environmental tax returns excludes undertakings which have ceased to have plastic bags to their customers, as well as certain categories of traders who are not even liable, such as the pedestrians and those engaged in outdoor trade.

09/08/2018

The depletion of regulation on non-performing loans shows banks reporting that receipts from arrangements are equivalent to the costs paid by banks to collecting companies.

08/08/2018

This time, the draft budget to be submitted to the House on 1 October can not - as is customary - be a plan on paper. It will judge a lot: from the "smoothness" of joining the monitoring memorandum, to government "benefits".

08/08/2018

The European Commission has announced the tightening of the visa directive as it wants to control and limit the tactics of some EU countries to transfer citizenship rights to wealthy third-country nationals in return for high investment in the country by sending so an indirect but clear message to Greece.

08/08/2018

Today, the Energy Regulatory Authority (RAE) is expected to impose a ceiling on the sale price of gasoline on South Aegean islands, where the price of unleaded oil is even higher than 2 euros per liter. The issue was discussed yesterday at the RAE plenary session, but no decision was taken, but it was reportedly reported that the price of gasoline "has indeed escaped" in several cases.

07/08/2018

In the search for the ideal timing for the announcement of the casino licensing competition in Elliniko, one of the basic prerequisites for the realization of the landmark investment in the Metropolitan Pole of Agios Kosmas - Hellenikos, are the parties involved in the process.

07/08/2018

Fiscal fines exceeding € 2 million have resulted in targeted inspections of the Labor Inspectorate (APR) in tourist destinations and islands. According to the official data, SEPE inspectors and special inspectors carried out a total of 2,319 audits for businesses active in tourism for May and June. 525 fines were imposed in the amount of EUR 2,282,312.61, while in another 86 cases the sanctioning procedure is in progress.

07/08/2018

Greece has been a net recipient of Community funds over the last 30 years. Today, EU funding is more critical than ever for the country, as the prolonged and deep recession of recent years, intensive fiscal adjustment and the negative business and investment climate make it more difficult financing. This is the Bank of Greece's analysis.

06/08/2018

Taxpayers' trap is the low tempting tax rates of neighboring and non-taxing countries, as combating tax evasion through the transfer of income to subsidiaries located in countries with low rates is a fundamental pursuit of tax authorities both in Greece and Europe-wide.

06/08/2018

Faced with the risk of seizures in their salaries, pensions, other income and bank deposits, there are 556,807 taxpayers with overdue debts to the State. Indeed, those who owe them more than 500 euros to the Treasuries are also at risk of seizing their movable and immovable property. The actual legislation itself, however, allows debtors to defend themselves in 5 different ways, most of which are of a preventive nature, ie they should be examined and selected before the confiscation process begins.

06/08/2018

Globalization and rapid technological change, the 'knowledge economy', make innovative activity an important asset for long-term survival and business competitiveness.

03/08/2018

The negotiations between the Greek government and the representatives of the institutions in the autumn for the next year's budget are sparse. The Greek side has raised the bar, as the economic staff wants to "hold" the suspension of pension cuts - "in return" the freezing of some or all of the countermeasures - and the early reduction in tax rates.

03/08/2018

Any natural person who is going to do business is obliged to submit a declaration of commencement of work to the competent employee of the tax office before any transaction is carried out in the course of his professional activity.

03/08/2018

The significant deterioration in the international markets after Washington's commercial threats, which prompted investors to rush to limit their exposure to risk, also dragged Greek bonds, confirming how vulnerable they remain to international developments, even though Greece is heading , in 17 days from today, leaving the rescue programs. The new turmoil in the markets, which has led to a significant dip in the Italian bonds, coupled with the outcome of the International Monetary Fund report, reinforces the already cautious climate that still dominates the markets against Greece, and which puts a "wall" in whatever plans the Greek government had for a new exit to the markets during the summer.

02/08/2018

In the Government Gazette, yesterday, the decision of the Minister of the Environment, George Stathakis, for the entry into force of the procedure for the electronic submission, control and issuance of building permits was published, although with a delay of several months. The new system, which will be accessible via the e-mail address e-adeies.ypen.gr, will be launched on September 3rd and will be fully operational on October 15th.

02/08/2018

The three pillars of the Action Plan for Export Promotion are being implemented in the autumn, with the development of new export support tools.

This was marked by an information event entitled "Technical Support for Export Promotion: Proposals and Results", organized by GIZ on Wednesday, July 25, 2018, at the Ministry of Economy and Development and co-funded by the European Commission through the Support Service Structural Reform Support Service (SRSS), and the German Federal Ministry of Economic Affairs and Energy (BMWi), and the German GIZ GmbH (Gesellschaft für Internationale Zusammenarbeit).

02/08/2018

The technical and functional specifications that will make the classification of the rented rooms / apartments in keys will be determined by a recent ministerial decision of Tourism Minister Elena Kountoura. It is recalled that based on previous decisions and of course in a relevant legislative framework, a quality rating system for each accommodation, hotels (based on a star system) and rented rooms / apartments (based on a key system) was instituted, depending on the benefits and techniques specifications.

31/07/2018

It opened the way for the bulldozers in the area of ​​the former Mouzaki Textile Factory (60 Kifisos Avenue and Irous Avenue), in the Akadimia Platonos area, following the publication in the Government Gazette of the Second Presidential Decree (PD) is required to realize the greatest commercial growth in recent years in the city of Athens. The PD. provides for the amendment of the approved urban plan in Plato Academy where the commercial arcade of Academy Gardens, which is an investment of 300 million euros, will be realized.

01/08/2018

A significant increase in Israeli entrepreneurs' interest in investing in Greece testifies to the demands that have been made at the Embassy's Economic and Commercial Affairs Office in Israel.

01/08/2018

In the two criteria used by the IMF to determine the limits of the sustainability of the Greek debt, the final indication indicates that the viability estimate reaches 16-18 years, exceeding the medium-term horizon defined by the IMF in the decade.

01/08/2018

The amount of 812.5 million euro was earmarked by the Greek state for the current auction of six-month interest.

Specifically, and as announced by the DSPA, a 26-week interest-rate auction of € 625 million was held today.

31/07/2018

Significant changes in the legislation on income tax and tax incentives were made by the provisions of articles 115, 116 and 117 of Law 4549/2018. Among other things, favorable tax provisions have been introduced for individuals who are employed occasionally or occasionally, tax incentives have been introduced for all firms with staff to recruit new full-time workers and new tax exemptions have been introduced for those who provide free real estate to their relatives.

31/07/2018

the right to pay the taxes payable in the tax return of this year's tax return up to 12 monthly installments - instead of three bimonthly - provides this legislation to all taxpayers this year. This right can be exercised through the inclusion of the debtor's total debt in the "fixed arrangement" of Law 4152/2013. Entitlement to this arrangement can be made even today, when the first tranche of the debtor's debts expires, ie before the installment is overdue.

30/07/2018

Until Friday, August 10th, the deadline for payment of June 2018 contributions for non-salaried employees is extended, as announced by the EMPA

30/07/2018

Due diligence measures for every non-regular recurring transfer of funds above € 1,000, even if it is between bank accounts of the same person, must be received by banks and other financial institutions in accordance with the provisions of the Anti Money Laundering Act from criminal activities, which were recently voted by the House. The same law also provides for due diligence measures to be taken on any transaction over EUR 2,000 with a betting company or other gambling.

30/07/2018

The "picture" of the debt faced by the IMF is characterized by two qualitative elements which, in their composition, keep the situation at a near marginal level in terms of its long-term viability, thus affecting the attitude of the markets.

27/07/2018

An inhibiting factor for the issuance of a golden visa in Greece for the purpose of acquiring real estate and making investments is expected to be the circular issued by the Independent Public Revenue Authority in response to reports of false documents issued by foreigners over the last period.

27/07/2018

To speed up the restructuring of non-performing corporate loans, SSM is pushing banks to maximize collaterals.

In addition to the strengthened targets for the reduction of non-performing exposures that SSM is expected to put in banks in September and which, according to Capital.gr, are expected to rise by € 2 billion, supervisors will step up the pressure on the front redistribution of "red" business loans.

27/07/2018

ECB President Mario Draghi may have welcomed the "progress made in Greece", but he abolished banks' access to cheap lending and ruled out the inclusion of bonds in quantitative easing. The development was in the knowledge of the government, which chose for different reasons not to apply for a preventive line, which would, however, safeguard these two privileges for the Greek economy.

26/07/2018

In the middle of autumn, the chairman of HRADF, Aris Xenofos, placed the opening of the tender procedure for the "concession of activities" at the port of Alexandroupolis during the yesterday's meeting of the Fund's management with the chairman and chief executive of the Port Authority of Alexandroupolis Christos Duke, clarifying that the Fund does not sell the port.

26/07/2018

The National Bank's transformation program aims to make it the first choice of the Greek and preferred partner of households and businesses in the domestic market, Pavlos Mylonas, new CEO of the National Bank, said at the annual general meeting of the bank, which began with a minute's silence the victims of recent fires.

26/07/2018

US President Donald Trump and European Commission President Jean-Claude Juncker announced on Wednesday that they agreed to push forward a series of measures on agriculture, industry and energy in order to de-escalate the two-party conflict on trade.

25/07/2018

As a profit from business activity and regardless of whether there are tax losses, any form of profit distributed or capitalized is taxed.

25/07/2018

The General Price Index for Construction of New Housing Buildings in the second quarter of 2018, compared with the corresponding second quarter of 2017, showed an increase of 0.8% compared to a decrease of 0.7% compared to the respective quarters of the year 2017 by 2016.

25/07/2018

Shopping centers retain the title of the most resilient commercial property category due to their high demand and performance, a trend maintained in 2017 but also in the first months of this year.

24/07/2018

A few days remain for the expiry of the deadline for filing tax returns and so far more than 600,000 statements have been pending. Accountants are pushing the Finance Ministry to move the deadline to end July (bp has already been prolonged until July 26 ), due to the problems encountered in submitting statements by legal persons.

24/07/2018

The terms and conditions for joining a professional with debts to the funds to settle the 120 installments, clarifies a circular of the Collection of Insurance Benefits Center.

24/07/2018

The classic banking in Europe seems to have been well advanced by the financial crisis of the last decade. So classic bankers around the world are looking for new banking applications and scrutinize the landscape.

23/07/2018

The platform of the Electronic Service of One Stop (e-ΥΜΣ) was put into operation, for the remote establishment of companies.

23/07/2018

In the final line, the deadline for submitting income tax returns is now over.

At the moment, at the table of the Chief Financial Officer, namely the Deputy Minister of Finance, there is an extension of the submission time until the last days of the month, according to information from the Tax News.

23/07/2018

While the trade war between the major powers continues, the Group of Twenty (G20) expressed its concern at Buenos Aires on Sunday that it would hurt global growth, calling for dialogue, while the US is still rigid in terms of additional tariffs impose and threaten with sanctions.

20/07/2018

Problems have led to a large number of hotels and tourists in general, the fact that many businesses no longer adhere to the entry-exit book or its official name, door book, which served the police's police needs as it has ceased its use for tax purposes. In this context, several are those who have stopped having it available in their records, recording the incoming and outgoing clientele.

20/07/2018

The new E8 form for overtime or overtime can be submitted via mobile phone by SMS (optional) as of 1/7/2018, with mandatory submission starting on 1/9/2018. This is announced yesterday by the Minister of Labor Efi Achitsoglou, who redefines the conditions for the electronic submission of forms of competence of the Labor Inspection Body and of the Organization for Employment of Labor Potential.

20/07/2018

With three different reports and a plethora of indicators, the course of the country will be assessed after leaving the adjustment program in August.

19/07/2018

A change in the way in which companies are mainly financed looks at bankers with new standards that will prevail over non-performing loans. With cover, most banks in the euro area will be granting loans, at least in countries where the recession risk is real - as in our case, for example.

19/07/2018

It confirms the positive development of Greek tourism in 2018 compared to 2017, which was a record year for all tourist figures, according to the latest official data from ELSTAT, CAA, FRAPORT, AIA, EASP, the Bank of Greece, the Bank of Greece, the Bank of Greece, the Bank of Greece and the Bank of Greece.

19/07/2018

Officially, the process of drafting the 2019 budget is begun. With an urgent circular signed by Deputy Finance Minister George Houliarakis, all the general government agencies are invited to send by the end of the month the forecasts for the course of their financial figures at the during the next year. The objective of the economic staff is the primary surplus at general government level to reach or even surpass 4% of GDP.

18/07/2018

Two interested investors meet the criteria for participation in the second phase of the tender for the acquisition of 50.1% of the Hellenic Petroleum Products. of the FYROM at its meeting today.

18/07/2018

The Independent Public Revenue Authority is proceeding with the implementation of measures addressing tax evasion and targeting and businesses, with a timetable for implementation for the remainder of the year but also early 2019. It is about the substance of the setting up indirect technical control, targeting criteria for businesses engaged in intra-group transactions, and developing an action plan to tackle tax base erosion.

18/07/2018

Directions to tax authorities for the changes made to the 120 installments are provided by the Independent Public Revenue Authority, in order to avoid problems and protests from those who wish to join it.

17/07/2018

Taxpayers are faced with the possibility of avoiding a fine in the process we described yesterday in the Tax News, reversing, alternatively, the procedure to follow.

17/07/2018

Plans: Expansion of the chain in the country and mixed use concept, along with Zeus, all over the world.

17/07/2018

Renewable energy country attractiveness index (RECAI) ranks 34th in the ranking of the Renewable Energy Attractiveness Index (RECAI), falling for a second consecutive semester by one place and after having climbed by eight positions from the last position among the 40 countries of the ranking

16/07/2018

Plans: Expansion of the chain in the country and mixed use concept, along with Zeus, all over the world.

16/07/2018

The surplus of the eurozone trade balance for the third consecutive month shrank in May, indicating that the economy has not recovered from the unexpected weak start of the year.

16/07/2018

Plans: Expansion of the chain in the country and mixed use concept, along with Zeus, all over the world.

13/07/2018

Rationalizing production taxes, competitive energy costs, improving borrowing, and accelerating licensing processes across the enterprise's location, set-up and operation are the four priorities of BSE to boost manufacturing in Greece.

13/07/2018

Two important clarifications on the income statement from Airbnb

13/07/2018

The 15 billion disbursement will be delayed after a reservation from Berlin - Strict Message Salts for Pensions

12/07/2018

The European Central Bank further reduced the emergency liquidity margin to Greek banks through ELA by € 600 million to € 10.3 billion.

12/07/2018

Prime Erdogan's first moves at the front of the economy not only failed to curb investors' concerns but rather squeezed panic. The turnaround of the Turkish currency continues with greater intensity, while the country's borrowing costs, as well as the cost of insurance for those who hold Turkish bonds, are soaring.

12/07/2018

The growth of the Greek economy in the first quarter of the year, but at a pace that does not correspond to the dynamism of an economy emerging from the crisis, is the quarterly IOBE report, which, as pointed out during its presentation yesterday by the president of the Takis Athanasopoulos Foundation, coincides with the completion of the third memorandum.

11/07/2018

What actions does the AAD plan to combat tax evasion?

11/07/2018

European Commission finalizes surveillance framework - Without agreement with institutions, VAT freeze on islands

11/07/2018

​Washington's new threat to impose tariffs on 6,000 Chinese products worth $ 200 billion sparked deep concern over a blow to the global economy and consequently on energy demand, which is directly dependent on growth rates.

10/07/2018

​A large majority has secured the bill "Insurance and Pensions - Tackling undeclared work - Enhancing worker protection - Unaccompanied minors' committee and other provisions". On the principle of the bill, "yes" said SYRIZA, DISY, ANEL, River. "No" declared ND and Golden Dawn. "Present" declared KKE and the Union of Centers.

10/07/2018

Upon top-level changes in three of the four systemic banks, the headlights fall in the near future.

10/07/2018

"Weapon" against tax evasion the compulsory issue of tax data in digital form from 1/1/2020

10/07/2018

In the call for tender for the third phase of interconnection of the Cyclades, ADMHI proceeded by inviting interested companies to submit bids by August 23rd.

10/07/2018

The reduced VAT rate for the Aegean Islands affected by the refugee crisis is extended for another six months, in accordance with the legislative act published in the Government Gazette and entered into force.

09/07/2018

Very close to the decisive step for the implementation of the East Med gas pipeline are Greece, Cyprus, Israel and Italy, as shown by the meetings that took place last week at a technical level in Athens

09/07/2018

EUR 500 billion is expected to reach Italy's debt to the European Central Bank in the summer, while Germany's surplus in the Target 2 payment system is "inflating", yet another indication of the strong imbalances in monetary union.

09/07/2018

​Taxpayers who have doubts about the obligation to submit the statement and specifically for taxable items have the right to submit a statement. Submission of the statement must be explicit and justified, because the general and indefinite statement is considered non-existent and is not taken into account and is therefore ineffective.

06/07/2018

Deadline until July 30 is for taxpayers to make a statement about the amount of tax deducted in their income from dividends, interest and royalties. It is clarified that the submission of the declaration is submitted in case the person who received the remuneration is a natural person or a legal entity and does not have a tax residence and a permanent establishment in Greece.

06/07/2018

The most important tax revenue, which is at the center of the controls of the Independent Public Revenue Authority, on the other hand brings the most important amounts to the public funds from tax revenues, is VAT. The most important tax revenue, which is at the center of its controls Independent Public Revenue Authority, on the other hand, brings the most important amounts to the public funds from the tax revenues, it is VAT. "

06/07/2018

Major deals in Japan and India have raised the volume of acquisitions and mergers in the Asia Pacific region to record levels in the first half. Dynamics has not been hampered by the retreat of Chinese companies, which are under pressure from Beijing, but also by foreign governments to limit their aspirations abroad

05/07/2018

The deposit and maintenance of business balance sheets in digital form so as to combat bureaucracy and to enable data processing at any time to be used for the extraction of statistical data on entrepreneurship provides for the project "Digital Transformation of the General Commercial Registry".

05/07/2018

​The regime for the inclusion in Katselis law of those who have been certified by the Tax Administration as debts to the State and to third parties is more favorable.

05/07/2018

​In such cases, taxpayers are notified via a message to provide supporting documents to the tax registrar. within five (5) business days

05/07/2018

​With the international climate in full turmoil and analysts now measuring the dangers of a trade war, risk moods are cut. The climate in ATHEX transactions, once again, is then sealed by the de-escalation of trading interest

04/07/2018

Turns to fines for undeclared work, payroll and insurance obligations of contractors, and recruitment of apprentices is brought by the government.

The changes foreseen in a relevant bill bring an increase of up to 200% to fines for any employer employing undeclared workers on a continuous basis while decreasing when recruited.

04/07/2018

With the international climate in full turmoil and analysts now measuring the dangers of a trade war, risk moods are cut. With the climate in the trading of the Athens Stock Exchange being sealed by the de-escalation of transactional interest, rather than the selective moves of the institutions to specific blue chip, private investors go to baths at sea.

03/07/2018

An increase in Israeli investment interest in business sectors in Greece records the Office of Economic and Commercial Affairs (ISD) of the Greek Embassy in its annual report. Today, the main Israeli investments in Greece are recorded in the entertainment sector (casinos, hotels), insurance services and renewable energy sources.

03/07/2018

​Positions for Italian and Greek bonds receive a hedge fund that manages capital of about 1.4 billion euros, a Bloomberg report said. It is the Italian Hedge Invest Sgr., Which betters that Italian bonds will do better than German, as concerns about the euro are excessive.

03/07/2018

​A victory for the Greek people and for the euro zone marked the end of the adjustment program by European Economic Affairs Commissioner Pierre Moscovici, while stressing that the only strategy for Greece to have a sustainable debt is growth. "This is the philosophy of the agreement," he added, speaking at the joint meeting of the European Parliament's Committees on European Affairs, Finance, Social Affairs and National Defense - Foreign Affairs. He added that "we are giving room for maneuver to return to sustainable development".

03/07/2018

Business registrations increased by 4% in the January-June 2018 period compared to the corresponding period of 2017. More specifically, as shown by the General Commercial Register database (GEMI), from 1/1/2018 to 30/6 / 2018, 17,018 companies were set up, compared with 16,353 registered in the same period last year.

02/07/2018

The European Union has warned the US that the imposition of duties on imports of motor vehicles and parts will also hit their own car industry and will probably result in countermeasures from US trade partners in US exports of $ 294 billion.

02/07/2018

Restricted optimism for the future distinguishes the Greeks from the Financial Times, following Eurogroup's debt relief agreement, which offers a "breath" for the next decade. For a country that just three years ago was on the brink of a cliff, developments are encouraging, the British newspaper notes. It notes, however, that many Greeks continue to have difficulty doing so, as unemployment and poverty rates remain high while the challenges of banks persist.

02/07/2018

Many of the BSE Council's proposals on sustainable development for the cyclical economy have been adopted in the recently announced national strategy, the Council notes in the administrative report presented to the general assembly.

However, it is stressed that additional actions are needed in order to produce tangible results soon and that priorities have been to accelerate green procurement, legislation.

29/06/2018

More positive than the previous one will be the definitive IMF report for Greece, which will include an analysis of debt sustainability. This was stated by the Greek representative in the Fund, Michalis Psalidopoulos in an interview with the House of Representatives. It left open the possibility of renegotiating pension cuts from January 2019.

29/06/2018

​We have a major achievement. Greece is now out of the program. On behalf of the European Commission, we welcome the agreement of 21 June, "Vice-President of the European Commission Valdis Dobrobowski said in response to a question from the Vice-President of the European Parliament and head of the SYRIZA Eurogroup, Dimitris Papadimoulis.

29/06/2018

The Independent Authority of Public Revenues (AADE) with the new E3 form (Financial Statement of Business Activity), which this year is invited to fill some 1.5 million freelancers, businesses and farmers, is the tax evasion.

The new E3 form will basically capture the economic profile of all parties, while its simplification facilitates checks and cross-checks of data from the audit mechanism.

The Independent Authority of Public Revenues (AADE) with the new E3 form (Financial Statement of Business Activity), which this year is invited to fill some 1.5 million freelancers, businesses and farmers, is the tax evasion.

The new E3 form will basically capture the economic profile of all parties, while its simplification facilitates checks and cross-checks of data from the audit mechanism.

28/06/2018

​Euro-zone firms remained optimistic about their prospects in June, despite new tariffs on trade between the EU and the US, and despite fears that others would follow.

28/06/2018

The Treasury Department will review the implementation targets for this year's budget. Following the adoption of the medium-term budgetary strategy program, the budget implementation figures will be compared from July onwards with the revised medium-term projections, and not with the state budget projections voted last November.

28/06/2018

Thousands of taxpayers were found for the first time this year after years of confronting the new evidence regime and the mandatory use of plastic money. On July 26, the deadline for submitting tax returns expires after the Ministry of Finance has extended its mandate. Taxpayers should be aware that they are in danger of being fined by those who have not been able to build the tax-free limit.

27/06/2018

​It would be an important signal for the markets if there was agreement on the French mechanism, HSBC said in a new report referring to the Eurogroup agreement, explaining why the IMF's DSA might be negative. As he warns, Greece has to show that it is growing, and in that "key" is the attraction of investment.

27/06/2018

​According to market analysts, the attitude of the companies is translated as a "yes, but", in common that the country is in a better phase than in previous years, but there are challenges and more guarantees to justify a better evaluation

27/06/2018

​Five days before the deadline for submitting tax returns, more than 2 million taxpayers or one in three continue to hold security distances, anticipating the classic extension of the deadline, which was finally announced on Tuesday.

26/06/2018

​The shrinking investment in dwellings in the period of long-term recession or stagnation of economic activity has fallen with the sluggish real estate market, both on the basis of price levels and volume of transactions, Alpha said in a report.

26/06/2018

The Standard & Poor's rating agency is stepping up the Greek economy by welcoming the results of the recent Eurogroup.

In particular, the US firm is revising the long-term credit rating of the country with "B +" - from "B", with the outlook being "stable".

26/06/2018

​With the extension of the deadline for submitting tax returns to be at the doorstep, as still pending problems blocking the reporting process, hundreds of thousands of taxpayers are still losing their code 049-050. These are the cost-related codes that provide for a tax deduction of € 1,900 to € 2,100 leading to an indirect tax-free income limit.

25/06/2018

​New adjustments to the target prices in 2019 and 2020 to complete alignment of property taxable real estate prices with real estate prices as well as radical changes to the shipping tax regime from July are announced in the European Commission's report on the degree of compliance of the Greek Government with those agreed at the 4th evaluation.

25/06/2018

​A gradual reduction of debt to 127% of GDP in 2060 is foreseen in the sustainability report, published by the European Commission. However, it lowers the pace for both post-2022 growth rates and the privatization revenue target and sees a gradual return to markets with the average refinancing rate standing at relatively high levels of 5.1%.

25/06/2018

​Mandatory electronics via Taxisnet will be required to submit the hotel tax return, hotel operators, rented rooms and homeowners renting them via an Airbnb-based electronic platform.

25/06/2018

​Transactions taking place between a Greek company and the companies of the multinational or Greek group to which it belongs, so-called "intra-group transactions", are subject to control by the tax authorities. The principle governing such transactions is the so-called "principle of equal distance", which requires transactions (eg purchases and sales of goods, reception and provision of services, payment of rights, loans, etc.) to be are carried out under economic and commercial conditions similar to those which would apply between unrelated parties (self-employed) under similar conditions.

22/06/2018

​The agreement in Luxembourg confirms a series of assumptions that shape a different environment, but little has to do with the "exoneration from the memorandums that are now the event".

22/06/2018

​It positively assesses the agreement reached by the Eurogroup marathon consultations in Luxembourg, Goldman Sachs, speaking of "going in the right direction". It notes, however, that in the medium term the pressures will intensify and warn of risks that have to do with internal political developments as well as with external factors.

25/05/2018

What follows from PWC opinions endorsed by the AAD.

25/05/2018

The obligation to declare both abroad and in Greece has taxpayers who have foreign citizenship and are doing business abroad while at the same time retaining their tax residence in our country and at the same time receiving income here as wage earners.

24/05/2018

About 31.8 billion euros and not 31.2 billion euros is the real debt of self-insured and employers to the insurance funds.

24/05/2018

Most of the Greek SMEs are preemptive for the implementation of the new European Data Privacy Protection Regulation (GDPR).

24/05/2018

The process of filing tax declarations has so far been slow, and the total number of debtors exceeds 6 million taxpayers.

23/05/2018

At a rate of 14%, receipts from tourism are increasing so far in 2018 and 13% of arrivals.

23/05/2018

Specific amounts are taken into account to reduce or eliminate the difference in the evidence. These amounts are taken into account by the tax authority and concern the amounts of money that appear in the tax return and the taxpayer proves on the basis of legal documents that they have been spent. If they have simply credited the amounts in question without being collected, then they can not be used.

22/05/2018

Exemption from the withholding tax of 15%, dividends or similar payments, which are distributed to a legal person, which is as set out in the Annex to Directive 2011/95 / EC. with regard to the current regime concerning parent and subsidiary companies in different Member States of the European Union.

22/05/2018

Taxpayers who declare income from business activity, other than the income tax due for the tax year of the statement, are also required to pay an equal tax advance on the income of the tax year spent.

22/05/2018

Greece's rating rating was upgraded by Scope Ratings to B + by B-, which differentiated the outlook from "positive" to "stable".

22/05/2018

With the estimate that in 2019 there will be a budget gap of 0.5% of GDP, the IMF mission has left the Hill last Saturday.

22/05/2018

​The government's agreement with labor lenders' representatives includes changes to the mediation and arbitration regime, while respecting the decision of the CoE, which found constitutional the possibility of unilateral appeal to the OMED.

22/05/2018

In order to vote in the House, immediate changes are expected to be made to the Extra-Judicial Mechanism

21/05/2018

Stress test results may have been welcomed with satisfaction and smiles by local bank administrations, but that does not mean that the problems somewhere here are over. The opposite.

18/05/2018

In some cases, the damage is transferred to the transformation of enterprises. This can not be the case if the absorption of a company by another company is made on the basis of the provisions of Law 2166 of 1933, as the loss of either the absorbed company or the absorbing company is not transferred.

17/05/2018

Reactions have caused the last time, the decision to impose a fine for late MYF, by the Dispute Resolution Division.

17/05/2018

Many Greeks have left the country to work abroad. However, this does not mean that they are exempt from the obligation to file a tax return. Those who earned 2017 income in Greece are required to file a tax return in 2018.

16/05/2018

The worst fears in the technology market were confirmed yesterday. The government has tabled an amendment confirming the imposition of a one-off "reasonable remuneration" of 2% on devices for intellectual property beneficiaries on all smart smartphones.

16/05/2018

For the first time since this year's tax declarations, the provisions of Joint Ministerial Decree 109343/12/2017, replacing a 1987 decision, concerning the criteria for the designation of costs as scientific and technological expenditure are put into effect. We recall that these provisions apply from 2017 onwards.

16/05/2018

Income derived from dividends, interest and royalties as well as income from immovable property is considered to be capital as a form of capital acquired by an individual during the tax year.