Millions of Greeks Pay No Taxes

April 10, 2017 Taxation in Greece

Greek TaxesROME – A significant portion of Greeks claim that they do not need to pay any income taxes, nor did they earn any income.

New information released by local news sources in Greece has indicated that approximately one third of Greeks in Greece paid no taxes in 2016.

In total, 2016 saw 8 645 596 individual tax returns filed in the country, with a total amount declared income of EUR 74.2 billion.

In 2015 the total amount of income declared was EUR 73.9 billion.

The average level of income of Greek taxpayers in 2016 dropped by 1.1 percent compared to the previous year, however, the average level of tax paid rose by 3 percent.

The total amount of personal income tax paid in Greece in 2016 was EUR 8.2 billion, while in 2015 the taxes paid was EUR 7.8 billion.

According to the tax returns submitted by Greeks, approximately 9 out of 10 people saw an income of less than EUR 20 000, while a third claimed to have incomes below EUR 5 000, and 1 in 7 claim to see no income at all.