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Tag: Taxes

Germany: Tax reductions of more than 10 billion euros are proposed by the Ministry of Finance

Germany: Tax reductions of more than 10 billion euros are proposed by the Ministry of Finance Germany: Tax reductions of more than 10 billion euros are proposed by the Ministry of Finance

Up to 48 million people will be the recipients of the economic relief presented today as a proposal by the Ministry of Finance aimed at compensating for high inflation. Central to Finance Minister Christian Lindner’s announcements today are tax cuts and increases in basic welfare and child benefit. The reactions, however, are already intense and […]

Tax Freedom Day 2022: Half Year Working on Paying Taxes and Contributions

Tax Freedom Day 2022: Half Year Working on Paying Taxes and Contributions Tax Freedom Day 2022: Half Year Working on Paying Taxes and Contributions

Until yesterday we were working to pay the annual taxes, levies and the budget deficit. As of today we are working for a living. This is, in simple language, the meaning of Tax Freedom Day, a study which is being prepared for the 8th consecutive year in Greece by the Center for Liberal Studies – […]

Spain: Temporary taxes to be imposed on banks and energy companies

Spain: Temporary taxes to be imposed on banks and energy companies Spain: Temporary taxes to be imposed on banks and energy companies

Spain will impose temporary taxes on energy companies and banks that are expected to bring in 7 billion euros in revenue in 2023-2024 and help Spaniards deal with rising energy prices and inflation, Prime Minister Pedro Sanchez said today. The government is expected to raise €2 billion a year in 2023 and 2024 from the […]

The solutions and facilities available to taxpayers for paying taxes

The solutions and facilities available to taxpayers for paying taxes The solutions and facilities available to taxpayers for paying taxes

In a few days, the annual appointment of taxpayers with the Tax Office begins for the payment of the 1st installment of income tax, which three out of ten who submit a tax return will be asked to pay. The rate of filing returns has increased, but there are still just under 2 million taxpayers […]

New opportunity to close tax cases

New opportunity to close tax cases New opportunity to close tax cases

Of Prokopi Hatzinikolaou More than 2,500 applications have been submitted to the committee for out-of-court resolution of tax cases by taxpayers and businesses that had appealed to the administrative courts and the Council of State. In fact, due to the volume of cases, the financial staff decided to extend the commission’s operation, giving taxpayers the […]

30% -50% tax deduction for mergers

30% -50% tax deduction for mergers 30% -50% tax deduction for mergers

Exemption by 30% or even 50% for up to 9 years, from the payment of income tax for business transformation, conversion or merger of sole proprietorships as well as the cooperation of persons (freelancers) is provided by the bill of the Ministry of Finance discussed in Parliament. Specifically, the bill of the ministry provides for […]

T. Gaitanis (ND): This year the citizens will pay less taxes by 380 million euros compared to 2021

T. Gaitanis (ND): This year the citizens will pay less taxes by 380 million euros compared to 2021 T. Gaitanis (ND): This year the citizens will pay less taxes by 380 million euros compared to 2021

“New Democracy remains steadfast in its goal of reducing taxes,” ND spokesman Tassos Gaitanis said in a post on social media, citing evidence that the government supports policies to reduce tax burdens, since -according to Mr. Gaitani – in relation to 2021, citizens will pay total taxes reduced by 380 million euros, while the reduction […]

The Bahamas will allow its citizens to pay taxes with cryptocurrency

The Bahamas will allow its citizens to pay taxes with cryptocurrency The Bahamas will allow its citizens to pay taxes with cryptocurrency

The Government of The Bahamas has published a document outlining a national strategy for digital assets through 2026. The document will be officially released a week before the Crypto Bahamas conference, which will be hosted by the FTX cryptocurrency exchange. Conference guests will include former British Prime Minister Tony Blair, former US President Bill Clinton […]

Businesses and households ‘eat from the ready’ – Reduction of deposits

Businesses and households ‘eat from the ready’ – Reduction of deposits Businesses and households ‘eat from the ready’ – Reduction of deposits

By Leonidas Stergiou Household and corporate deposits continued to decline in February, confirming the forecasts of bank executives, when requested by the Capital.gr to comment on the vertical fall of January. As they had pointed out at the time, in addition to the traditional “deflation” that occurs every January, bank figures showed that the gradual […]

The British Ministry of Finance promises a tax reduction

The British Ministry of Finance promises a tax reduction The British Ministry of Finance promises a tax reduction

British Finance Minister Risi Sunak said on Friday that his priority was now to reduce taxes, having already taken steps to address the huge hole in public finances caused by the increase in public spending due to the pandemic, Reuters reported. “We made the difficult decisions we had to make,” Sunak told a Conservative conference. […]