Greece loses an estimated 30 billion euros in tax revenue each year to the shadow economy. One out of every two Greeks owes back taxes, totalling some 86 billion euros.
Authorities are working hard to improve tax collection.
Germany can expect much more in tax revenue than officially estimated last year, a paper says. But the Finance Ministry has warned against too high expectations for public spending.
Companies such as Amazon and Starbucks will have to pay a levy for each full-time worker they have in Seattle. The city authority approved a compromise tax plan to fund services for those struggling to afford housing.
You're single with no kids and thinking about working in Germany? Move and your tax burden will be 15 percentage points higher than the average among rich-income countries, according to a new study.
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