Main points of new tax bill
(ANA-MPA) — A bill envisaging the reform of Greece’s taxation system will be tabled by the government in parliament next Tuesday. The main principles of the draft law were presented to by finance minister George Papaconstantinou to the Inner Cabinet on Thursday.
With the new tax bill, the government will introduce a single, more progressive tax scale for all incomes aimed at redistributing tax burdens between low and medium incomes, lowering tax burdens for personal incomes up to 40,000 euros and introducing a 45 percent tax scale for incomes higher than 100,000 euros.
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