Greece prepares fiscal package for IMF program

IMF package tax relief self-employed professionals fiscal space corporate tax

The Greek government is preparing a multi-year fiscal package to be presented during the IMF program, focusing on tax relief and liquidity for businesses and self-employed professionals. The plan aims to distribute available fiscal space gradually through 2030.

Key measures under consideration include a ‘consistency bonus’ for self-employed individuals, which would gradually reduce presumed income based on tax compliance. To improve liquidity, the government is looking to reduce tax advance payments from 55% to below 40% for professionals, and from 80% to between 50% and 55% for legal entities.

Other proposed interventions include the potential abolition of the professional occupation fee, which could provide a relief of approximately 240 million euros. Additionally, the government is considering a reduction of the corporate tax rate to 20% over the next four years and a 170 million euro reduction in employer social security contributions to lower non-wage costs.

Entities

Greece · IMF · Kyriakos Mitsotakis

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The permanent abolition of the professional fee is expected to provide a relief of approximately 240 million euros. pellasimera.gr
[● 2 SOURCES] The government plans to reduce the corporate tax rate to 20% over a four-year period. pellasimera.gr
[● 2 SOURCES] The government is considering a 'consistency bonus' for freelancers linked to presumptive income. pellasimera.gr
[● 2 SOURCES] Employer social security contributions are planned to be reduced by 170 million euros. pellasimera.gr
[○ 1 SOURCE] The margin for new fiscal measures starting in 2027 is estimated at approximately 1.3 billion euros. www.neaptolemaidas.gr
[● 2 SOURCES] The tax advance for legal entities may be reduced from 80% to between 50% and 55%. pellasimera.gr
[● 2 SOURCES] The tax advance rate for freelancers may be reduced from 55% to below 40%. pellasimera.gr
[○ 1 SOURCE] The Greek economic team is seeking to increase available fiscal space for the IMF package. www.neaptolemaidas.gr
[● 2 SOURCES] The government aims to reduce employer social security contributions by 170 million euros to lower non-wage costs. pellasimera.gr
[○ 1 SOURCE] The Greek economic team is seeking to increase available fiscal space for the IMF package by leveraging permanent revenues from tax evasion measures and energy escape clauses. www.neaptolemaidas.gr
[● 2 SOURCES] Proposed tax advance reductions include lowering the rate for freelancers from 55% to below 40% and for legal entities from 80% to between 50% and 55%. pellasimera.gr
[○ 1 SOURCE] Proposed measures for 2027 include a new increase in the minimum wage. www.neaptolemaidas.gr