Tax bureau: Greek taxpayers' declared incomes down one bln euros between 2016-17

Thursday, 21 March 2019 14:51
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Declared incomes by Greek taxpayers were reduced by one billion euros between 2016 and 2017, according to figures released on Thursday by Greece's independent public assets authority, the creditor-mandated entity that succeeded the previous tax bureau.

Based on tax statements submitted in 2018, for 2017 numbers, Greek taxpayers' declared income for the year reached 73.6 billion euros, dropping from 74.6 billion euros in 2016.

In 2015 declared incomes were at 75.15 billion euros.

The hardest-hit segment of taxpayers were self-employed professionals, whose declared income fell by 11.5 percent between 2016 and 2017. More than 11,000 self-employed professionals, in fact, reported that they have ceased their employment over the two-year period. The number of self-employed professionals in the country is now just shy of 400,000, in nation of 11 million.

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