TODAY.AZ / World news

Greek PM outlines tax cuts in 2020, promises to stick to reforms

08 September 2019 [15:22] - TODAY.AZ


Greece’s conservative prime minister outlined tax cuts that will benefit businesses and austerity-hit Greeks next year and promised to continue reforms which he said would help the country gain credibility after a huge debt crisis, Trendreports citing Reuters.

Kyriakos Mitsotakis said corporate tax would be cut to 24% in 2020 from 28% currently and taxation on dividends would be halved to 5%.

The tax-free threshold on incomes would be maintained, he said, promising to lower the tax rate to 9% from 22% on incomes up to 10,000 euros annually.


Print version

Views: 922

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: