Azernews.Az

Sunday July 6 2025

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

8 September 2019 15:17 (UTC+04:00)
Greek PM outlines tax cuts in 2020, promises to stick to reforms

By Trend

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.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more