- Greeks showed significant improvement in tax compliance last year
- Increase in electronic payments contributed to the improvement
- Tax revenues outperformed in 2023
- Timely payments for value-added tax, corporate income tax, and Single Property Tax were high
- Household tax payments were often late
- Timely VAT payments increased in recent years, reducing the VAT gap
- Expansion of electronic transactions helped reduce the VAT gap
- Net tax revenue in 2023 exceeded the target set in the budget
- Excess revenue came mainly from November
- Public Investments Program payments increased
- State budget had a surplus of €3.69 billion
Source: ekathimerini.com
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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