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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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