Jakarta – The government, through the Ministry of Finance (Kemenkeu), has extended the corporate tax or tax holiday until December 31, 2025. This extension is stated in the Regulation of the Minister of Finance (PMK) Number 69 of 2024 a regarding Amendments to PMK No. 130/PMK.010/2020 regarding the provision of Corporate Income Tax Reduction Facilities. … Read more
Nikos Pappas responded to the government’s claims that the Greek economy is improving. In a related video he posted, the president of the SYRIZA Parliamentary Group presented economic data on employment, investment, growth and taxes in an attempt to debunk the New Democracy narrative. Nikos Pappa’s answers to Finance Minister Kostis Hatzidakis were as follows: … Read more
They froze everything… In this country we suffer, among other things, from regulatory uncertainty. In other words, together with the polynomial, each branch, more or less, does not know what is dawning on it and how the context within which it must survive will change. In other words, we are not talking about development, but … Read more
Washington has imposed sanctions on two Chinese companies that support Russia in the production of Harpy-3 drones. Russian Federation with weapons and punished Chinese companies”/> US authorities are continuing their campaign to block networks that help the Kremlin buy and use advanced weapons, and on Thursday, October 17, announced sanctions against two Chinese companies involved … Read more
Jakarta, CNBC Indonesia – President-elect Prabowo Subianto chose to appoint three deputy finance ministers in his cabinet. The three deputy finance ministers are Suahasil Nazara, Thomas Djiwandoni, and Anggito Abimanyu. With three deputy finance ministers present, will Prabowo stop creating the Ministry of State Revenue or what used to be called the State Finance Agency? … Read more
Management warns of serious sustainability risks. The banks’ buffers are not enough. Vienna. It is an expert group that is currently tapping the fingers of the banks: high-ranking experts from the Ministry of Finance, the Crown Council, the Financial Market Research Authority (FMA) and the Austrian National Bank (OeNB) on Thursday in the Financial Market … Read more
On the table again is the tax treatment of cryptocurrencies by the Ministry of Finance, after the abolition of the committee that was established last spring and had not had time to complete its work. According to exclusive information of “Sunday’s Step”, in the next few days a committee will be re-established which will be … Read more
Analysis of tax return data again shows that the majority of freelancers report losses or meager incomes. Those who appear by far the poorest for the Tax Office are the owners of bars and hair salons, followed by restaurateurs and those who run car repair shops. On the contrary, the situation seems to be better … Read more
The Minister of National Economy and Finance Kostis Hatzidakis and Deputy Ministers Christos Dimas and Thanos Petralias proceeded to elaborate on the announcements made by Prime Minister Kyriakos Mitsotakis from the Thessaloniki International Fair on taxes, wages and pensions. The Minister of National Economy and Finance Mr. Kostis Hatzidakis and the Deputy Ministers Mr. Christos … Read more
Employees remain the wealthiest Greeks according to the analysis of data from the 2024 tax returns (income earned in 2023). The self-employed are now in 2nd place, mainly due to the change in the way they are taxed (presumptive determination) and not because they declared higher incomes, while pensioners are marginally further down. The total … Read more