Athens passed new tax increases to boost revenue by US$3 billion to
keep in line with previous commitments to creditors. The new measures
limit family benefits and force the middle class to pay over 40 per cent
of their annual salary in taxes.
Greek’s Conservative-led coalition has passed the new tax increases to middle and high-income earners, self-employed and businesses.
The new law increases the amount of income tax paid by those earning more than US$26,000 a year, limits tax benefits for having children, revokes tax breaks for farmers and increases corporate tax to 26 per cent from 20 per cent.
Greek’s Conservative-led coalition has passed the new tax increases to middle and high-income earners, self-employed and businesses.
The new law increases the amount of income tax paid by those earning more than US$26,000 a year, limits tax benefits for having children, revokes tax breaks for farmers and increases corporate tax to 26 per cent from 20 per cent.

