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Tax Debt in Greece Surpasses €110 Billion, 23% is Uncollectable

Tax Debt in Greece Surpasses €110 Billion, 23% is Uncollectable

Hellenic Shipping News

According to figures released by the Greek Parliament’s Budget Office, overdue tax

According to figures released by the Greek Parliament’s Budget Office, overdue tax debt has surged another €3.6 billion to a total of €110.6 billion. The increase is due, first, to newly overdue liabilities amounting to €8.6 billion, and second, to debts that were registered later in 2024 and total €2.2 billion. However, 23.8% of the total overdue balance, equivalent to €26.3 billion, is considered uncollectible.

The largest debts to the tax office are owed by 9,830 taxpayers, each of whom owes, on average, more than €8.5 million.

The data also show a rise in the number of taxpayers with overdue debts over €10,000 and a decrease in those with “small” debts. Over the past year, the number of medium and large debtors has surpassed 1.864 million, with their debt increasing by €3.577 billion as of January 2025.

The biggest debts to the tax office are held by 9,830 taxpayers, who owe more than €8.5 million each on average. Their total debt amounts to €84.2 billion, or 76.2% of total overdue liabilities.

Within this group, the debt grew by €2.012 billion, with the majority of these debtors being businesses. In contrast, 90% of all debtors owe up to €10,000, but their total overdue

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