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Spotlight from Greece
New Taxation Bill to be Voted In by August 10
11 07 2019The new tax bill will have been voted in by August 10, according to a timetable on the new government's plans. As Prime Minister Kyriakis Mitsotakis has announced, the tax bill will be tabled in parliament by the government soon. The bill is expected to be in parliament by the end of July, according to information. The strategic focus of the Finance Ministry will focus on strong development with more investments and new and better jobs; add value to real estate; safeguard social cohesion and solidarity; provide higher available income for all; and simplify the state, making it effective in serving citizens. The Ministry's targets include the following: Ensuring macroeconomic stability; introducing an attractive taxation framework for businesses; implementing privatizations faster; strengthening liquidity; easing the burden of over-indebted households; establishing digital technology frameworks to fight shadow economy; improving services offered to citizens; relieving from taxes and withholdings wage earners, freelance business people and farmers; and reducing administrative and tax burdens on real estate.