05 April 2020 – Income tax obligations suspended for four months

Type of Intervention: Regulation
Sectors Involved: Finance/Economy, Private Sector
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: Suspension of citizens’ obligations to IRS for the period of 4 months. Concerns citizens who have found themselves themselves in job suspension because of the Covid-19 crisis.
Full details here: https://covid19.gov.gr/anastoli-paratasi-ke-ekptosi-plirom/

Type of Justification: Advice of INTERNAL government advisory committee or group
Evidence/Justification: Due to the unforeseen and devastating effects COVID-19 has had on a significant number of employment’ sectors, the government has decided to put a waiver on the respective tax obligations of those employed to help weather out the storm.