K. Hatzidakis: “No” to VAT reduction – Battle against tax evasion will determine policy changes

• K. Hatzidakis opposes reducing VAT
• Results of the battle against tax evasion will determine changes in tax policy
• Interventions in profit margins will be lifted when the situation stabilizes in the market
• Government actions to strengthen entrepreneurship and combat tax evasion
• Minister emphasizes rejection of VAT reduction to maintain budget stability
• Consideration of reducing other taxes depending on results of battle against tax evasion
• Measures to address inflation are temporary and will be lifted gradually
• Government interventions include further reduction of non-wage costs from 2025 by 0.5 units
• Emphasis on digital modernization and simplification efforts

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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