Taxation in Finland
AADE: Series of cross-checks on deposits and transfers to and from abroad, income from third countries
AADE (Independent Authority for Public Revenue) has launched a series of cross-checks to detect the movement of funds that are not justified by the declared income on tax returns. These checks focus on deposits and transfers to and from abroad, as well as income earned from third countries by Greek tax residents.
Taxes eat up half of firms' annual profits
Greek enterprises will have to pay taxes totaling more than 4.5 billion euros by the end of the year.
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650-Euro low income earners under the ‘hammer’ with new tax system
The Greek government is ‘loading’ the ‘tab’ of the measures on low income earners, in an effort to strike a deal with its creditors before Orthodox Easter. Greeks with a monthly salary between 650 and 2,000 Euros will shoulder the taxation and social security reforms, with employees expected to see an immediate impact on their wages in May, if the bill is passed after Easter.