Dark
Light

First corporate-business tax cut ‘fixed’, according to Greek PM Mitsotakis

27 August, 2019

Another highlight from Greek PM Kyriakos Mitsotakis’ wide-ranging interview to “Le Figaro” this week was an announcement that the first reduction in the corporate tax rate, from 28 to 24 percent, for 2019 profits has been fixed.

The current center-right government’s goal is a further reduction, bringing down the tax rate to 20 percent – a long-standing pledge by the pro-reform and pro-market Mitsotakis while he was the main opposition leader.

The Greek leader’s interview was published on the day he was received in Paris for talks by French President Emmanuel Macron.

 The tax cut will also be accompanied by a reduction, as previously reported by “N”, of a cut in the tax on dividends, from 10 to 5 percent.

Dark
Light

Latest News

Greek-Australian rising star Blake Thredgold joins the AFL

Greek-Australian rising star Blake Thredgold joins the AFL

A new chapter is unfolding for Greek-Australian footy fans, as

Agapi Care opens new Oakleigh office, heralding a new chapter

On 17 November, Agapi Care officially opened its new offices

Inflation surge crushes hopes of interest rate cut in 2025

Australia’s inflation has risen again, effectively eliminating any realistic prospect