Greece Parliament Considers 2024 Preliminary Draft State Budget

The Greek Parliament Oct. 2 accepted for consideration a bill on the preliminary draft state budget for 2024. The bill includes measures that would: 1) increase tax-free income by 1,000 euros (US$1,048) for families with children; 2) increase guaranteed minimum income by 8 percent; 3) impose fines on purchases exceeding 500 euros (US$524) to restrict the use of cash, and expand electronic transactions and payments to combat tax evasion; 4) establish a 13 percent VAT rate and fees on short-term rentals for taxpayers with three or more leased apartments; 5) reduce the capital collection tax to 0.2 percent from 0.5 ...