The tax rate for farmers in Greece, currently set at 13%, will not be increased as part of the government’s latest economic reform bill
The Greek government has passed a new economic reform bill as part of its deal to remain within the Eurozone but has resisted intense pressure from creditors and omitted an increase in the tax rate for farmers.
Farmers in Greece pay 13% income tax – far below the general rate of 25% – and also receive rebates on fuel and fertiliser expenses. However, it is believed tens of thousands of Greeks living in rural areas, but not making a living from agriculture, claim to be farmers to benefit from the special tax status it affords.
ADVERTISEMENT
Greece’s creditors see the special tax rate afforded to farmers as a major loop hole in the tax system and had sought a restructuring of the system in the latest economic reform bill in order to eliminate further abuses.
However, after an outcry from farming representatives, which said the reforms would effectively lead to a quadrupling of their tax bill, the Syriza-led government of Alexis Tsipras decided to leave out the changes in the tax system enjoyed by Greek farmers for decades.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The tax rate for farmers in Greece, currently set at 13%, will not be increased as part of the government’s latest economic reform bill
The Greek government has passed a new economic reform bill as part of its deal to remain within the Eurozone but has resisted intense pressure from creditors and omitted an increase in the tax rate for farmers.
Farmers in Greece pay 13% income tax – far below the general rate of 25% – and also receive rebates on fuel and fertiliser expenses. However, it is believed tens of thousands of Greeks living in rural areas, but not making a living from agriculture, claim to be farmers to benefit from the special tax status it affords.
Greece’s creditors see the special tax rate afforded to farmers as a major loop hole in the tax system and had sought a restructuring of the system in the latest economic reform bill in order to eliminate further abuses.
However, after an outcry from farming representatives, which said the reforms would effectively lead to a quadrupling of their tax bill, the Syriza-led government of Alexis Tsipras decided to leave out the changes in the tax system enjoyed by Greek farmers for decades.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS